Ren called into “The Ramsey Show” expressing concern after paying off his car loan. He works in IT for financial institutions, where his credit score is checked every six months. Ramsey reassured Ren that being debt-free is wise, criticizing the credit score system as a tool for banks to profit from interest payments.

Read more at Yahoo Finance: Paying Off A Car Tanked His Credit Score Below 700, Sparking Job Security Concerns. Dave Ramsey Calls His Employers ‘Too Stupid To Work For’