How the credit SYSTEM works as whole (Simplified Explanation)
Update: 2024-01-17
Description
We are going to talk about the 3 parts of the credit system (FICO, the Credit Bureaus, and the Creditors [Banks, Collections Agencies, etc] and how the credit system works as a cycle. This will answer as to why there is different information being reported about you, why your scores are different and why your score is low even though you pay your credit card bills in full.
Enjoy!
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