^ I definitely agree that they're for the lenders. They are not meant to reward us for sure. High rollers and high spenders are not the only ones that need to be concerned with credit scores though...folks who are into real estate investing need to maintain a high score as the interest rate will have a direct (sometimes significant) impact on monthly cashflow...which is where my interest lies.
Since I plan on floating multiple properties within the next 5 years, even the slightest increase in the rates I can qualify for could cost me thousands of dollars per year, per property, until I refinance or pay it off.
lol, I'm definitely not rolling around in a brand new 4x4. My 2003 Honda was paid off in 2009 (paid off in 9 months), and I expect to keep it for at least 7 more years, and my monthly requirements are under $1000. My non-necessities push that up a few hundred dollars more, but I could live on less than $1000 if I had to, which would cover mortgage, gas (work from home at 1 job, live 5 min walk from 2nd job), food (parents have a backyard homestead, and I can buy staples at Costco), and car insurance. I could probably even slip my phone bill in there at $40 and stay sub $1k. I could get access to internet via phone/friends/family/library/both jobs. Granted, I DON'T get by on the minimum right now because I don't have to...but it's comforting to know that I could. And I have purposely designed it that way.
And I'll approach my balancing of real estate expenses the same way...minimize minimize minimize....which unfortunately means playing the game I was never meant to win.