this post was submitted on 15 Feb 2024
1714 points (98.4% liked)
Microblog Memes
5837 readers
1930 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Credit score exists only to sell you more credit score.
Credit history is what lenders are interested in.
I don't know much about it, but they definitely checked my credit score when I bought my last car.
They probably pulled your credit which also allows them to see a history.
Even if you're paying in cash for a car, an automotive dealership will want to run your credit. They make quite a bit of money from lending money to others. Really the banks give car dealers kickbacks for the loans they deliver to the bank for sold cars.
In essence, if you buy a car in cash, you're denying the car dealer a chance to make a lot of money off the sale. They don't like that. They will do their best to try to sell you on a loan for your car even if you don't want it. That's why they ran your credit.