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by jsonderulio
3032 days ago
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Credit score is just a mechanism to help people borrow other peoples money from across different institution in the US. Back in the day, your religious leader might walk down to the bank with you to vouch for your moral character, but that isn't really feasible today. China can literally block you from the market. A bad credit score in the US just lets other free actors see that you are a bad investment. |
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