How credit scores can both help and hurt Americans

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How credit scores can both help and hurt Americans

Credit scores affect almost every aspect of an American's financial life. A recent study showed, for example, that 42% of Americans said their credit scores prevented them from accessing financial products like credit cards or loans. But some credit experts argue the current reporting and scoring systems have major issues. Others say that many of the criticisms are misguided. So, how do credit scores work in America and do they help or hurt consumers?
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Tue, Oct 11 20227:42 AM EDT