Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
ams6110
on Sept 24, 2017
|
parent
|
context
|
favorite
| on:
As Equifax Amassed Ever More Data, Safety Was a Sa...
Sure, we could all pay interest rates that are based upon some amalgamated average risk profile, so you end up subsidizing deadbeats who don't pay their debts.
stnaoent23nt
on Sept 24, 2017
|
next
[–]
As someone who pays their credit card off in full every month, that would be fine with me. I never pay interest.
bigheadpercoli
on Sept 24, 2017
|
parent
|
next
[–]
It's not only about credit cards. Mortgages, car loans, working day loans, etc. as well
otakucode
on Sept 24, 2017
|
prev
[–]
Would that be more or less expensive than subsidizing the credit reporting agencies shareholders desire for aggressive growth?
ams6110
on Sept 24, 2017
|
parent
[–]
I don't know. But in the proposed scenario, credit reporting agencies wouldn't exist at all.
Consider applying for YC's Spring batch! Applications are open till Feb 11.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
