ObjectivityIncarnate

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  • 27 Comments
Joined 9 months ago
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Cake day: March 22nd, 2024

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  • ObjectivityIncarnate@lemmy.worldtomemes@lemmy.worldA work of art
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    3 months ago

    You have no idea what prompted the emotions, you just happily assume whatever will give you the excuse to express your misandry.

    I’d bet anything that if you read one of the many accounts of women getting genuinely angry at their SOs, even striking them (which is way worse than striking an inanimate object, by the way), based on what they dreamt the guy did, you wouldn’t be blaming her “fragile femininity”.




  • show me some billionaires that never took advantage of anyone to get their billions

    You can’t prove a negative, screwball. It’s literally impossible to prove “never took advantage of anyone” about anyone, billionaire or not.

    Not that you aren’t almost certainly using an overbroad definition of ‘take advantage’, on top of it.

    I’m down to change my view.

    No, you aren’t. People who are don’t play these kinds of semantic games.






  • imposing a higher interest rate on them on top of that is just the final nail in the coffin.

    That’s the only way to justify loaning to people like that at all, given how much more often they default (and the lender never gets repaid at all). If lenders were forced to give the same interest rate to everyone, that would cause them not to lend to “A person with a low income with a precarious job” at all.


  • ObjectivityIncarnate@lemmy.worldtoMemes@lemmy.mlthe debt
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    7 months ago

    You’re discounting the people who have always lived within their means and so never took on debt.

    No I’m not. Those people are unknown quantities, and so also suffer if credit scores go away, because bad borrowers are worse than first-time borrowers, so without credit scores, first-timers will be treated worse.


  • ObjectivityIncarnate@lemmy.worldtoMemes@lemmy.mlthe debt
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    7 months ago

    And how exactly is guessing your credit worthiness based on those factors a better system than literally keeping track of what happened each previous time money was lent to you, when it comes to making a decision on lending money to you?

    This is like arguing it’s a better idea to select NBA players by their height, than by their performance in high school and college basketball games.


  • ObjectivityIncarnate@lemmy.worldtoMemes@lemmy.mlthe debt
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    7 months ago

    Only people who are bad credit risks ever come up with this take, lmao.

    The sole function of credit scores is to benefit people who are reliably ‘good for it’ when they borrow money. Without them, everyone is treated as just as high a risk as the worst borrowers who are least likely to pay back their debts, and you gain no benefit from reliably paying back your debts. But with them, your good borrowing is kept track of, and good reputation means lenders trust you more to pay your debts back, so they’re willing to lend more, and they are willing to charge less interest.

    Removing credit scores changes nothing for bad borrowers, and hurts good borrowers.