Joe it becomes a GAME because computer programs/aps/algorithms etc
Like security systems are going to be challenged by MAN
So the system itself was created for the purpose of guessimating risk, legitimately the "problem" is just like a computer hacker
Credit nerds like myself and others, sit around and tinker with ways to make the ish a game...to actually MANIPULATE the system, truth be told.
In all honesty, FICO or the banking system isn't going to explain things in the fashion that I did because honestly if you prep and play like a Chess player in their Checker game...that is NOT what they want...they would prefer just a natural flow and let things happen as they do
But once a hacker knows about the 'cheat' codes c'mon he/she knows they can manipulate the game at anytime....
Say one now understands hey if I have a high balance on a card or multiple balances my score will be suppressed but only till I bring it down... That knowledge allows that person NOT to have undue stress in their life over something they know for sure is temporary AND they now also now isn't the time to get the car loan or refi the mortgage because the rate is likely to be higher until the score is manipulated back up after working a few more months on this debt
Even though, they'd likely be approved at that moment they now know how to manage the WHEN....which saves financial stress which frankly saves marriages, relationships and lives truth be told
#1 cause of divorce FINANCIAL ish
It may sound lame but slippery slopes many times begin in places ppl don't see
Pay too much for the car, the insurance, the house,the CCs due to slightly not getting this B.S. = short of money when it didn't have to be so, if one wasn't over paying for crap....next thing you know she's ticked off and the toilet seat was the LAST straw
He's pissed cause she can't even squeeze the toothpaste thing right....None of this B.S. would be THAT big a deal if the light bill was paid and collectors weren't calling 😨