I won't argue the fact that credit scores are being abused.

>OK. But the bank still gets a small slice FROM you, and for no legitimate reason. Why should the "fact" that you can "recover" from a partial payment affect your credit rating at all???
>It's the same as the (apparent) fact that you (almost) HAVE TO have a credit card in order to have a good credit rating. Surely a "credit rating" can be derived without having to have/use a credit card!
>But since it looks like one cannot, I'd say that the banks have, yet again, taken an "instrument" originally designed to help BOTH sides in a credit situation and 'evolved' it to their own direct gain.
>
>Geez, they've even convinced many employers that they should review an applicnt's credit rating when applying for a job. In 99% of cases that shouldn't matter one whit.
>
>It sure looks to me that banks have turned the "credit score" into a business-building tool. And I believe that's inherently WRONG.