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Old Oct 26, 2018 | 6:20 pm
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tmiw
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Originally Posted by BugsyPal
Personally those with weak credit histories largely are the same ones who treat their checking accounts like check cashing places anyway. Much of what is deposited on each payday is gone soon after checks clear. They also tend to rack up over draft and maintenance fees (such as failing to keep required minimum balances), and so forth.
Presumably this behavior would show up in the UltraFICO score. It's really the bank's fault if they still decide to lend given that, but maybe the high APRs will still make it worthwhile for them.
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