Credit Repair - How To Get Rid Of Credit Problems Quickly

Leafcreditsolutions09 Mar, 2022Finance

In this video I explain how the credit system in America is flawed from start to finish and is set up to make a big profit from people with bad and "so-so" credit. I also explain things like what's the difference between an excellent and mediocre credit score. The credit reporting agencies make a profit by selling your credit information to lenders. And they sell the credit profiles of people with low and average scores for more money because lenders who purchase the information make more by charging you a higher rate. So yes, the credit agencies and creditors work together and they make billions of dollars while doing it.