cancel
Showing results for 
Search instead for 
Did you mean: 

30 trillion in debt +/-

tag
Tiersha
Regular Contributor

30 trillion in debt +/-

Why are those who are 30 trillion +/- in debt giving us our credit scores?  I don't care the the CFPB oversees them.  If they are in debt they shouldn't be schooling us is my opinion.

 

Also considering these cra's are owned by Vanguard, Blackrock, buffets etc...why do they get access to our cr3dit profile via the crash?

 

Sorry isn't meant to be political but an an actual serious question.

Message 1 of 3
2 REPLIES 2
pizzadude
Credit Mentor

Re: 30 trillion in debt +/-


@Tiersha wrote:

Why are those who are 30 trillion +/- in debt giving us our credit scores?  I don't care the the CFPB oversees them.  If they are in debt they shouldn't be schooling us is my opinion.

 

Also considering these cra's are owned by Vanguard, Blackrock, buffets etc...why do they get access to our cr3dit profile via the crash?

 

Sorry isn't meant to be political but an an actual serious question.


Sorry, who exactly is 30 Trillion in debt ?  

 

I'll answer your question as concisely as I can ;  selling the personal information of consumers ( including credit ) to businesses is big business. 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 3
AndySoCal
Valued Contributor

Re: 30 trillion in debt +/-

@Tiersha  The company the produces the FICO score is called Fair Isaac Corporation The company is a publicly owned company owned by the shareholders. The reason you see Vanguard's name in relation to FICO some of the mutual funds that  Vangaurd has shares FICO stock in the mutual fund. Vanguard mutual funds/ Vanguard owned by the mutual fund shareholders. Vanguard provides all of its services at cost to the mutual funds etc.  I have been a Vanguard customer for almost 40 years.  FICO nor Vanguard does not sell credit report etc. FICO produces credit scores which the credit bureaus use.

FICO Scores XPN v8 802 V2 831 (SDFCU) TUC 803 v8 EFX 807 (10/2023)
Discover 09/90 19,000, JCPenney 10/2008 4,700 US Bank Cash 12,000 Citibank Custom Cash 5/2015 11,100 State Dept. FCU 15,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 Banking: Ally Bank Credit Unions: Lafayette FCU Fortera FCU State Department FCU Pelican CU

Pelican State CU Redstone FCU

Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.