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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Ever heard of the 30% rule? FICO Date:  8/27/2019  3:13 AM
Author:  vkg Number:  312619 of 312706

No. of Recommendations: 1
True. It IS a useful tool. And society benefits from using it.

If it is so wonderful and unbiased, why did the government pass regulations FORCING the credit reporting agencies to give free copies of her/his credit score each year, to each individual who requests a copy?


Inaccuracies occur. It doesn't mean that it is biased.

The forcing of CRAs to provide copies of credit reports (not score) allows people to correct problems and find identity theft.
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