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Credit Scores Are A Scam To Keep You Poor
Manage episode 436491433 series 3555618
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Credit scores are not a sign of wealth—they're a tool to keep you in debt. In this episode, Jaspreet exposes the truth behind credit scores and why they aren't the financial badge of honor you might think they are. He explains that your credit score only reflects how likely you are to repay debt, not how rich or financially successful you are. He breaks down how the credit industry uses scores to encourage more borrowing, keeping people trapped in a cycle of debt rather than building real wealth. Tune in for practical advice on how to focus on accumulating assets and wealth instead of chasing a high credit score, and shares his own approach to using credit cards responsibly. If you're serious about financial freedom, this episode will challenge everything you thought you knew about credit scores.
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