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:
“Decadence is a difficult word to use since it has become little more than a term of abuse applied by critics to anything they do not yet understand or which seems to differ from their moral concepts.”
—Ernest Hemingway (1899–1961)
“Incest and child abuse are not yet being presented as recreational.”
—Mason Cooley (b. 1927)
“Now, we deny not, but that politicians may sometimes abuse religion, and make it serve for the promoting of their own private interests and designs; which yet they could not do so well neither, were the thing itself a mere cheat and figment of their own, and had no reality at all in nature, nor anything solid at the bottom of it.”
—Ralph J. Cudworth (1617–1688)