@tmsovms87715@Sorb3tStan Lmao legit the most sane take here I've seen. I worry about people who think debt = running out of money and that "paying with own money" is the same as having debt financially. Debt in credit checks is literally to check reliability against defaulting. Seriously, come on...
@ZannyToy@Sorb3tStan And regarding "paid off" it's not a "no debt" situation. Debt refers to anything that takes money away from you. Have a burger at your favourite restaurant? That's debt too. Credit checks are specifically for your ability to pay back longer term commitments reliably.
@ZannyToy@Sorb3tStan The "problem" is when the bank gives out the loan willy-nilly, then 5 years later when you default on payments they legally can evict you. The buyers market for housing would look lucrative but banks need tangible evidence you can actually pay back reliably.
@plaincdm@JackingxRabbit@Sorb3tStan Wrong. Debt in a credit check refers to the ability to pay off commitments. This can be a credit card or even something like a repayment for a store product. It is to assess your reliability in paying back the loan you take out. It often requires months or years of paying on-time
@Sorb3tStan Serious response to this is that it's how banks operate regarding loans.
Banks require you to have some sort of debt (credit card, store accounts etc) to have proof you won't default on any loans you take out with them. These reflect on your bank account and show viability.
@davidgcarlan@harryjsisson Brother, thank you. We don't tolerate this.
However, the reaction you got shows the state of the world. The road to the Father is very difficult, and I hope and pray that these souls come to Him and repent, accepting Jesus. A life seperated from Him I will never wish on anyone.
@venbies Some people in this community are real rotten eggs, like Beef couldn't record Hermitcraft due to tech issues and LIFE, and people were calling for him to be fired...
1. Hermits don't "fire" each other
2. They'll all friends
3. Stop demanding someone put their life on hold...