Nobody following the advice on this board should have a bad score for long.
Amen, ShoulderThingThatGoesUp.
Hello whybe. Nice to meet you. I've lived in Israel for more than 18 years, after living in the US for the first 26 years of my life.
I do not know whether a central credit score system has any pitfalls, but I'm not knowledgeable about the issue.
I imagine that the goal is more competition and transparency in the banking sector, and if that happens, I guess that would be a positive trend.
I am glad that there isn't credit-score sharing (yet?) between US and Israel. A few years ago, that would have been an issue for me. Don't ask.