Makes a lot of sense to me. Are people penalized in some way for a history of mis-spending their money? For example, an individual who could afford a loan in theory, but gambles away all their money at a casino and misses loan payments.
Someone fiscally responsible enough to never need a loan in the first place (either because of higher income or simply from living in more humble needs) will have a lower credit score than someone who did need a loan. That's weird.
