Here’s the thing. The credit bureaus are maybe a step away from being a social credit system already, as you aren’t just graded for how well you repay loans but you also get punished if you don’t take out loans frequently enough. These things have spread from lending institutions to employment, so at this point it is a social credit system.
People 20-39, childbearing ages, have average scores of 660-672, so they do benefit from the new rules. What I’d like to know is why we have a social credit system that none of us voted for, and what is it doing making it difficult for people of childbearing age? Families with children are also dinged because they carry more debt than couples.
“...What I’d like to know is why we have a social credit system that none of us voted for..”
Plenty of filthy democrats did indeed vote for it although they are too stupid to grasp what they’ve done.
I was told MY credit score was at around 690 BECAUSE I haven’t had a car payment since 1984 & haven’t had a mortgage payment since 2004. Apparently not enough “payments” they can track ????