Established Contributor
Posts: 538
Registered: ‎05-16-2012
Re: Government Involvement: Good or Bad?

+3 ... All government oversight is going to do is muddle the credit worthiness, they're probably going to collect demographic info so they modify credit info for more risky people because the gov't thinks they're "unfairly disadvantaged." All this is going to do is make creditors less likely to be willing to give out credit, that is until the gov't forces them to at threat of takeover.

FICO 08 EX: 802 EQ: 780 TU: 804

Total Credit Lines: $133,700