jazz4cash
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
That would make sense. You see by paying off everything you've proven that you don't really need credit, which is actually a huge risk... because if you don't need credit, you have no incentive to avoid a bad credit history. Because you don't even need to borrow. So, what's to keep you from borrowing up a storm and then just flat out stiffing the lenders.
I'm starting to really understand the logic now.
Ha! That is very twisted logic to me. I remember the old joke about having to prove you don’t need the money to get approved for a loan. My payment history should satisfy any lender.