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Your Credit Score Costs More Than You Think

Lenders look at credit reports to determine what interest rate you pay on something. But lately, companies like cell phone providers and cable companies are also using that information to set fees and prices. It’s called "risk-based pricing", and companies are required to notify customers when they use it. more info: http://www.marketplace.org/2015/11/13/economy/your-credit-score-might-be-costing-more-you-think #FullNewsAudioAvailable

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