With the impending arrival of our third child coming up we had to go buy a new car yesterday. The way credit scores work is so wild.
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Replies (36)
Horrible system. Bad incentives. I can’t wait for Bitcoin to render it obsolete.
Yes!
we've had seven kids, never bought a new car, never got a loan for a car
There is no way out of this mess. Learn how to fix cars and get a good old one to keep for the next 20 years.
Five seat Lambo?
Juat had my second a few days ago. Congrats!
Car has to be older than bitcoin. That's the rule ☝🏻
Congratulations, what car did you get your newborn?
I paid off all my credit cards and my credit score went DOWN 30 points.
Pure nonsense.
That’s what I do; Fix cars. I have a fleet of four cars and do as much of the maintenance as I can. I fear there will be a fifth added before too long. We have a large family and everybody wants to drive.
If I remember correctly, my credit was dinged because I DIDNT have enough credit cards open. Zero logic.
Deeeeeebt yummy.
So no cars built after 2008?
Debt is good 🤡
Congrats to you too!
Congrats!
The entity that regulates the credit bureaus is $37T in debt… talk about hypocrisy
I’m assuming it wasn’t a Lambo.
Yeah it's insane. One of my friends from work, who's mom is pretty well off (I don't know what she did but her late husband was a surgeon) - she had no debt, house fully paid off, etc. My friend had to co-sign on her cell phone contract application.
Congrats 🎉🎉🎉
Congratulations!
<slow clap>
Minivan? Best decision we ever made.
Congrats, bud!
In the same situation and just got a minivan. Well worth the sats
Hey why didn’t you get a BTC backed loan? I can talk to my friend Dhruv @ unchained…. lol
What did you get? Looking at minivans.
Elon really needs to make a larger SUV
Knowing you could easily pay for your car by simply pealing off a little BTC, but willing to go through the paperwork hassle so you can preserve your BTC and pay in devaluing garbage currency. This is the way!
Replace “credit” with “slave" and everything will make sense.
Minivan Marty is what they called him.
slave where slaves due 😂
😂👏👏
Congrats on the new car!