Depends on your definition of 'penalized'. FICO is all about identifying good ROI candidates.
Say you are a lender, you want someone who constantly uses credit, always pays their bills and has the capacity take on new debt. That's what FICO is for.
It's not some consumer reward system. It's not your score to game, it's a score on you for companies to game. Quit playing the game.
alt Hacker News
Depends on your definition of 'penalized'. FICO is all about identifying good ROI candidates.
Say you are a lender, you want someone who constantly uses credit, always pays their bills and has the capacity take on new debt. That's what FICO is for.
It's not some consumer reward system. It's not your score to game, it's a score on you for companies to game. Quit playing the game.
Credit score NULL.