Section 1: Sears used the sales from discover to help fund their store. People bought a credit card from sears, and they payed on their debt, and the cycle continues.
Section 4: The credit industry wants you to believe you need a credit score because they want you to go into debt so they can make money off that debt.
Section 1:
ReplyDeleteSears used the sales from discover to help fund their store. People bought a credit card from sears, and they payed on their debt, and the cycle continues.
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ReplyDeleteSection 2:
ReplyDeleteIf you co-sign a loan, you'll end up straining your relationship and you will probably end up paying most of their loan off.
Section 3:
ReplyDeleteYour credit score reflects how quickly you pay your debt payments, and your debt history.
Section 4:
ReplyDeleteThe credit industry wants you to believe you need a credit score because they want you to go into debt so they can make money off that debt.