FICO Is A Four Letter Word

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Flawed credit reports served as the catalyst for the subprime crisis, leading to a catastrophic financial meltdown. The book delves into the origins of this disaster, exploring the systemic issues that allowed such inaccuracies to proliferate and the subsequent impact on the economy. It provides an in-depth analysis of the financial practices and regulatory failures that contributed to the crisis, offering insights into the complexities of credit reporting and its far-reaching consequences.