My credit isn’t great (in the 670s). I’m assuming it’s because of my outstanding student loans (mostly with the government), if not then there’s some cosmic injustice the likes of capitalism is inevitably deeply involved with.
I think I’ve amassed enough to pay back my student loans but….why? Like, my plan since college has essentially been to never pay them back. ‘Get better interest rates on mortgage, car payments’ like who gives a fuck. Is a credit in the late 700s going to get me a house with a 1000 dollar down payment or somethinng, will it increase my credit line by 10s of thousands, will i be able to move into a luxury loft while only being able to afford a single month’s rent with the plan being to squat for the rest of time?
Is it even worth it?
A better credit score can be used to get loans at lower rates. That's it. If you don't need a loan, your credit score doesn't really matter at this time.
Landlords will often take it into account for apartment applications
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Insurance allows looks at credit scores for risk assessments