If you applied for a loan prior to 1970, your credit file was ordered from the local credit agency, a local company that kept a paper file with the person’s name on it. Back then, credit agencies would collect every bit of information they could about a person, including employment history, marital status, age, race, [...]

Plain and simple….. credit is the creation of debt. In Grandpa’s day going into debt was considered to be bad. If you couldn’t pay for it, then you didn’t need it. If you got to the point where you had to borrow money you were looked upon differently. It didn’t matter what the particular incident [...]