Free Credit Report Government Required
2010
Why can’t people know their own credit rating for free?
WHY IS IT that when applying for a loan, a bank can receive your credit ratings for their own use, but cannot tell you your own credit ratings.? WHY?
WHY IS IT, that if a person wants to look up their own credit ratings which are extremely effective to their financial stabilty have to pay for their credit reports? Usually a person gets a free report for one month, but then has to pay after that. WHY?
WHO is it that made it law that you cannot freely obtain your credit rating, yet someone else can get your credit rating and not be required to tell you what it is even if you are standing right in front of them? WHO is the genuis?
WHY do I even have to ask these questions? You cannot say no one else thinks this is wrong and that no one in some type of government authority is also thinking this is wrong, so why hasn’t this act of stupidity been corrected? WHY?
It’s part of the “good old boy” network started years ago by fat rich bankers. They would control your life if you needed a loan, they got rich off of fees and then decided to come up with a system of scoring people.
It is just another way to keep the poor working people under their thumb. They figured if this FICO system could make them more money, then all the better. Credit institutions have to pay fees to pull someones report, but they just pass that cost along to the consumer.
It’s just a gimick and now look at all those on-line web sites to enroll in and monitor your credit (more money for big business).’
It is strange that in just a few seconds they can find out all about a persons credit, their employment and how much credit they have, all the while, the government can’t even get information on criminals fast enough to know where they are.
And now the credit card companies prey on students to raise another generation of “debt zombies” by letting them have credit too easy.
It’s just a way of life nowdays, I use cash now, forget giving my money away. And the way things are going, more and more merchants are giving discounts on cash purchases.
President Obama on the American Opportunity Tax Credit
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