2
0

Social Credit score coming via Experian, TransUnion, Equifax


 invite response                
2021 Sep 19, 9:55pm   185 views  3 comments

by AmericanKulak   ➕follow (9)   💰tip   ignore  

In the not-too-distant future, your internet habits could help determine how much house you can buy and the rate on your next auto loan.

Sounds ridiculous? Right now, your credit score — that three-digit number that tells lenders how responsible you are — is based on simple financial information, like your payment history and debt level.

But research posted to the International Monetary Fund (IMF) website suggests companies will soon be looking at a lot more data to get an accurate picture of the risk you pose as a borrower.
...

https://finance.yahoo.com/news/credit-score-may-soon-depend-130000431.html

Comments 1 - 3 of 3        Search these comments

1   Patrick   2021 Sep 20, 3:46am  

Another good reason to never use Facebook and to get serious about browser privacy and VPNs.
2   joshuatrio   2021 Sep 20, 4:25am  

Stay out of debt. Pay cash for everything.
3   Patrick   2021 Sep 20, 4:44am  

Yes, the best answer is to never borrow money, especially not for a car.

I'm also a big fan of paying cash for everything, both for privacy, and to help thwart government control over political dissidents through cutting off their credit cards.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions