FICO to incorporate buy-now-pay-later loans into credit scores

They also didn’t destroy people’s credit when they got upside down and had to return the $5k couch or $15k car they were talked into buying on their fixed income, but that’s usually “other people” problems.

Being "talked into" is one hell of an excuse not to take accountability for your own purchases.

If the DOD can't do it, why should poor people? https://americanmilitarynews.com/2024/11/pentagon-fails-7th-...

I doubt most people would pass a financial audit, unless they had built their life around "proper accounting controls". Of course, if they had an incentive to do so, it probably would only take two or three years to get things in place and consistent. But then, most people don't have 1.3 Million active employees [1], who knows how many contractors and retirees. The DoD's finances were not designed around audit requirements and it takes time and consistent attention to retrofit accounting controls into a very large organization.

[1] https://dwp.dmdc.osd.mil/dwp/api/downloadZ?fileId=136507&gro...

Ok, but the point is: people whose job it is to be accountable, cannot

Blaming poor people for being scammed only benefits grift culture.

But since this site is essentially a growth engine for grift its unsurprising to find parrots of this "poor people are moral and ethical inferiors"

You’re so right, and that is exactly why we don’t have an entire class of jobs whose purpose is to get people to spend more than intended. Yup, all personal responsibility. 50% of people having less than a middle school education level, but you’re totally correct, it’s just ALL personal responsibility. No other factors at all!