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The laws for personal credit and business credit

When it comes to personal credit the laws are intricate and cumbersome.  There are enormous amounts of rules and regulations for consumers, creditor’s, and credit reporting agencies.  On the other hand, business credit is pretty much the complete opposite.  For personal credit the FCRA compiles all the information needed to understand, or try to decipher, all of these guidelines.  In business credit it is much more lax and very pricey in terms of ordering credit reports and managing them well.



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