Why is the deal considered bigger than a Federal Reserve interest rate hike?
Supreme Court Decision Bigger Than a Fed Rate Hike: VantageScore CEO
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The video discusses a significant Supreme Court decision on a $30 billion deal, which has a greater impact than a Federal Reserve interest rate hike. This decision affects consumers by adding an extra monthly bill and potentially lowering their credit scores. The national average credit score of 702 could drop by up to nine points, highlighting the decision's substantial impact.
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By how many points could the credit score decline as a result of the decision?
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