Credit
[Credit Card](https://texonom.com/credit-card-50164662cc494fcfaff500a8c399eb91) 



[Credit Rating](https://texonom.com/credit-rating-c9f58ff70a7345819159984d43729d36)


[Credit Bureau](https://texonom.com/credit-bureau-b53498bc7aa74e6a9194ad13009ef249)


[Credit Enhancement](https://texonom.com/credit-enhancement-32b52cc665c14c01a2f253d285d2fb32)

## Dept in Economic Machine 
> The Most Important Part of the Economy and hard to understand
> because is biggest and most variable part
> debt allows us to more than we produce and less than we produce by cycle like this 
> small cycle is 5~8 years
> big cycle is 75 ~100 years

> ![](https://www.notion.so/image/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fsecure.notion-static.com%2F64e67e04-047c-40e8-b225-54a5c5070fa3%2FUntitled.png?table=block&id=a7cc5dda-1be2-4877-934e-226c96cf6cae&cache=v2)

most people feel the swings but they see them too up close so they do not consider them as cycle
swings is not dependent on productivity - on credit
how much credit they has
imagine no credit economy
only increase spending is to more work so global growth is increasing function 
## Because we Borrow, We Have Cycles
borrowing from your future self
anytime you borrow - you have cycl
### Money is what you settle transactions with - credit is for make transaction 
credit is necessarily something bad just cause cycle
bad credit is when finances over consumption that can't be pay back
good credit efficiently allocates resources and produces income → pay back the debt
buying tv is bad credit
buying tractor is good credit

[여신](https://texonom.com/852439fb0aeb48e29e4f0a021d564ee1)

돈을 갚을 수 있는 능력’, 즉 신용을 측정하는 데 대출 이력, 소득과 같은 금융정보 외에도 **[비금융정보를 이용](https://event.stibee.com/v2/click/NDA4MDIvODM3OTEyLzM1ODQwNi8/aHR0cHM6Ly9ieWxpbmUubmV0d29yay8yMDIxLzA2LzE4LTE0NS8)**하는 건 카카오뱅크뿐만 아니라 **[전 세계 금융기관](https://event.stibee.com/v2/click/NDA4MDIvODM3OTEyLzM1ODQwNi8/aHR0cHM6Ly93d3cuZWRhaWx5LmNvLmtyL25ld3MvcmVhZD9uZXdzSWQ9MDM3NDU3NjY2MjkwMTQxNTImbWVkaWFDb2RlTm89MjU3)**에서 주목하고 있는 주제
 






