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The people who are $30,000,000,000,000 in debt are the ones giving you a credit score.
(lemmy.dbzer0.com)
Be your own bank.
this post was submitted on 29 Aug 2023
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Oh yes, be your own bank, until your house burns down.
Also, the people giving you a credit score (Equifax, Experian, Transunion) are not $30,000,000,000,000 in debt. The credit bureaus work with the banks, which buy bonds from the government. The bonds are the debt, and the funds from their sale give the government money to spend.
So it would be more accurate to say that the people giving you a credit score are holding the $30,000,000,000,000 debt.
The meme is technically incorrect, the best kind of incorrect.