> They only record debts that last longer than 3 months and of those delete all record of them after 5 years after being paid off
That's the same as the US, except that here they expire after 7 years instead of five.
> Mortgage interest rates are currently 1-2 points less in The Netherlands than they are in the USA, so there's no correlation I can see between America's vampire capitalism credit model and cheaper loans.
That's a rather meaningless way to look at it, because there are a myriad of factors that affect aggregate mortgage rates, and credit ratings are just a tiny piece of it.
It's like saying "Well, they keep tell me that the world is getting warmer, but it's still pretty cold in my neighborhood".
That's the same as the US, except that here they expire after 7 years instead of five.
> Mortgage interest rates are currently 1-2 points less in The Netherlands than they are in the USA, so there's no correlation I can see between America's vampire capitalism credit model and cheaper loans.
That's a rather meaningless way to look at it, because there are a myriad of factors that affect aggregate mortgage rates, and credit ratings are just a tiny piece of it.
It's like saying "Well, they keep tell me that the world is getting warmer, but it's still pretty cold in my neighborhood".