this post was submitted on 25 Jul 2026
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[–] G_M0N3Y_2503@lemmy.zip 6 points 1 month ago

How does a credit score help? In my country we have a register for things like cars than you can see if any debt owed on it, so I guess tracking is on the asset side. Otherwise, wouldn't it just be fraud and the banks would take legal action? That would still produce a record that could be checked too.