Abuse
Astute consumers and criminals have been able to exploit weaknesses in credit scoring systems to commit fraud. For example, previous ownership of a credit card may significantly increase an individual's ability to obtain further credit, while privacy issues may prevent a fraud from being exposed.
Read more about this topic: Credit History
Famous quotes containing the word abuse:
“How long, then, Catiline, while you abuse our patience? How long is this madness of yours to make sport of us?”
—Marcus Tullius Cicero (106–43 B.C.)
“... actresses require protection in their art from blind abuse, from savage criticism. Their work is their religion, if they are seeking the best in their art, and to abuse that faith is to rob them, to dishonor them.”
—Nance O’Neil (1874–1965)
“When a family is free of abuse and oppression, it can be the place where we share our deepest secrets and stand the most exposed, a place where we learn to feel distinct without being “better,” and sacrifice for others without losing ourselves.”
—Letty Cottin Pogrebin (20th century)