The irony associated with credit scores is that the more someone needs money, the harder it is to get a loan. This reflects the paradox in how credit scoring works; individuals in financial distress may struggle to secure loans due to poor credit scores, while those who might not need the money as urgently may have better access to loans.
Which is an irony associated with credit scores?
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1 point
most loans are given to poor people
maxing out all your credit cards makes your credit score increase
the more someone needs money, the harder it is to get a loan
1 answer
1 answer