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:
“Liberty is the air that we Americans breathe. Our Government is based on the belief that a people can be both strong and free. That civilized men need no restraint but that imposed by themselves against the abuse of freedom.”
—Franklin D. Roosevelt (1882–1945)
“Let us not forget who we are. Drug abuse is a repudiation of everything America is.”
—Ronald Reagan (b. 1911)
“We abuse land because we regard it as a commodity belonging to us. When we see land as a community to which we belong, we may begin to use it with love and respect.”
—Aldo Leopold (1886–1948)