The use of the credit score as an indicator of character is also frustrating for those of us that don't borrow money. Even if you don't borrow money you run into resistance trying to get insurance, etc.
Because I've always paid with cash on hand, because I'm paying with cash, phone companies expect me to pay more. When did cash become less valuable than debt?
Depending on what you mean by phone companies, a cash transaction is generally less valuable because it doesn't generate a relationship. They have to exert themselves for each transaction.
Acttualy, I think it means more what I mean by cash. Which is misleading, because I'm dealing in digital money, no cash involved, but rather than a credit agency, my own bank account, ergo debit transfers.
The relationship, as far as I can see, is the same as that of credit: they bill me, and I send them electronic funds. What am I missing?
