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birb_cromble  6d ago (text post)   628 thread views

Weekly Finance Thread - 2026-06-20

A weekly thread to discuss financial matters - from personal all the way up to global.

Ground Rules

  • Remember that we're all just Internet randos. Don't bet your life savings on a hot tip from this thread.
  • Keep culture war in the culture war thread. Yes, global events may impact our personal finances, but that does not mean we have to incessantly harp on culture war aspects here. If you are going to discuss it, please stick to the practical impacts of it on an individual level.
  • Be kind. Remember that everyone here comes from different circumstances. We all have different resources available and different risk tolerances.
  • Don't let the perfect be the enemy of the good. Better is better. Celebrate people when they take a step up and work to move their finances in the right direction. Don't flame out because they haven't followed what you consider the optimal path. Everybody has to start somewhere.
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There have been debates about the value of credit cards on this site on and off for a while now. I hate them, but I recognize that we live in a society that will actively punish you for not having them. As a result, I have one card, and I use it to buy gas once a year.

Just this week, I got a notification in my banking app that my credit score has dropped by 57 points. Apparently TransUnion has decided that I just... don't have that credit card, which caused the average age of my credit to plummet. I called them to file a dispute, and they have told me in no uncertain terms that no, I do not have that credit card. They assure me that if I did have that credit card, they would know. They've told me to fuck off and talk to my bank. My bank is baffled. They're taking it up with EOscar on their side, but have no idea what's going on.

Has anyone here dealt with this? How did you end up fixing it?

You'll be fine, it will correct itself in the coming months. Just keep utilization low and don't open new cards. My credit score fluctuates by 60-80 points due to utilization all the time.

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