Transformative power of financial literacy


I WAS driven to write this letter when I read about a recent legal case concerning a Credit Reporting Agency (CRA) which drew attention to the adverse repercussions associated with credit reports issued by such agencies.

The court’s judgment mentioned that the CRA concerned did not have the mandate to issue credit reports despite having done so for many years. This decision raises important questions about the future of credit reporting and its impact on those who rely on their services.

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