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277 points cebert | 1 comments | | HN request time: 0.198s | source
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firesteelrain ◴[] No.44361592[source]
Credit scores will tank further
replies(3): >>44361606 #>>44361746 #>>44361866 #
UltraSane ◴[] No.44361866[source]
If customers make every payment their score should improve.
replies(4): >>44361943 #>>44362076 #>>44362277 #>>44364598 #
1. burnt-resistor ◴[] No.44364598[source]
That's an incomplete answer because it doesn't take total debt burden and history of payments into account over time. Score is fluid and should decrease while debt burden is high or increases. At the end though, score should improve slightly because they are slightly more trustworthy having repaid what was promised.