Shouldn’t we change “credit score” to “debt score”?

Micheal M: Shouldn’t we change “credit score” to “debt score”?
I mean shouldn’t we call it what it is? or how about “debt, slavery, bondage and willingness to be cheated out of the fruits of your labor by ever so patient parasites score”?
I do use cash stephyn, that is why I am wealthy, and you probably have to pay someone just to be broke, spend it all, consume consume consume, have no patience, stay poor!!! atta boy!
-no tee hee I most certainly should not get a “spend 1000 dollars on things I don’t need and get 5 dollars back” card. By the way, how much do you have to pay someone to achieve the status of “BROKE”?

Answers and Views:

Answer by Stepheyne
I think a credit score sounds much more positive, because that’s what it actually is-a ranking of how worthy you are to receive credit. Maybe you should use cash if you feel so strongly they’re parasites…..

Answer by shimeringstars01
I agree with you from now on I will call it a “debt score.”

Answer by teehee
It sounds like a B movie title 🙂

Then they’d also have to invert it — make it go from 0 (best) to 500 (worst) (instead of 350 to 850). That way a high “debt score” corresponds to lots of debt.

You’re overly critical — good credit can be profitable (arbitrage). It has a bad rep because many people lack financial education and discipline, and the system exploits that to the fullest.

Regarding cash use — that’s not the best way to do it. You should use a cash back credit card. You’ll be wealthier.

Answer by crazyjester9
Anyone who can manage their finances correctly should never have a problem with credit cards, loans or anything else like that.

Sounds to me like you got bit in the rear by getting in over your head and now you are full of spite.