What are your own feelings about credit scores and how they are used in our society? Do

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Question:

What are your own feelings about credit scores and how they are used in our society? Do you think they are accurate? Fair/just? Perpetuating inequality? Explain your reasoning.

In the sim, once you paid the bills that had gone into collections, you saw a small increase to your credit score. Why was the increase so low even though you no longer had money owed to creditors?

In the sim, you were able to secure a car loan after a few months of "credit fixing," but were aiming for an even better loan rate. How many months did it take before you were able to build up your credit enough to get that better rate? Were you surprised on how long/short the process was?

In the sim, your character had the luxury of delaying purchasing a car until they could get a better loan, thus lowering the price they would pay in total for the car.

What are some other considerations a person would factor into this decision or example, are their circumstances under which it would make sense for someone to buy the car immediately even though it would be "more expensive?" Provide at least TWO distinct circumstances, perspectives, or reasoning related to this sort of decision.