I paid $170,000 for a 800 credit score

John Cook
4 min readAug 10, 2018

Listen, before I spend the next 5 minutes slamming credit scores, FICO and the financial services credit card industry in general, I will admit that I was once amendment about having a high credit score:

  • I thought a high credit score was a meaningful indicator of financial success
  • I thought a high credit score was an indicator of upward mobility
  • I thought a high credit score was the pre-requisite to wealth

When I turned 18, I opened my first credit card with 1st Financial Bank, who gave…

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John Cook

Advocate of transparent financial systems & governments that serve the people | Macro, markets & crypto research @ http://frontruncrypto.com