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:
“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)
“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)
“You shall not abuse any widow or orphan. If you do abuse them, when they cry out to me, I will surely heed their cry ...”
—Bible: Hebrew, Exodus 22:22,23.