Ever wonder about the credit companies that seem to know everything about you? Now, although fair credit reporting laws exist, people STILL complain about unfair and outdated credit, but according to Dr. Josh Lauer, it used to be much worse. We'll talk to him today about the history of credit reporting in the United States. How did it work? Who evaluated your credit? How were the current three credit companies formed? It's a fun and sometimes frightening look at how credit has been and still is evaluated, and how credit companies use information about you. Speaking of credit, a recent study about credit produced some horrifying results, and Michael Bruemmer from Experian joins us to discuss why people might want to take better care of their credit than they have in the past. Also, we discuss a headline about Jeff Bezos inching up toward becoming the richest person alive. What does it take to join the ranks of the uber rich? We'll contemplate that by taking a look at the list of the world's wealthiest people. We have a special guest co-host today! Mandi Woodruff from the Brown Ambition podcast sits in for OG and shares some great experiences, as well as helping Joe throw out the Haven Life line to Karl and answer a lucky listener letter. Of course we still have time to bring on Doug's trivia, share some bad jokes, and lots more.... Huge thanks to MagnifyMoney.com for helping us with today's show! Learn more about your ad choices. Visit podcastchoices.com/adchoices