Full Faith and Credit

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James Cooper, MBA Finance, Former Bank VP, 20+ Years Experience✓ Fact-checked by Maria Gonzalez, CLU, ChFC, CPCU, 14+ Years ExperienceUpdated November 22, 2024

full faith and credit -- a pledge of a government to commit its general taxing power to raise funds for payment of obligations.

About the Author

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James Cooper
MBA Finance, Former Bank VP, 20+ Years Experience

James Cooper spent 20 years in commercial banking, including 10 years as Vice President at a major national bank. He now dedicates his expertise to helping consumers understand banking products, optimize their credit scores, and make informed decisions about loans and mortgages. James holds an MBA in Finance from the University of Michigan and is passionate about financial literacy.

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