☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agoAmericans be likelemmy.mlimagemessage-square65linkfedilinkarrow-up1488
arrow-up1488imageAmericans be likelemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 1 year agomessage-square65linkfedilink
minus-squareArthur Besse@lemmy.mlMlinkfedilinkEnglisharrow-up12·1 year agoFICO is just one of a multitude of scoring systems which impact people’s lives in the US today. https://en.wikipedia.org/wiki/Criticism_of_credit_scoring_systems_in_the_United_States You and your friends’ social media activity, among numerous other things, can absolutely affect your ability to get a loan, a job, a rental contract, etc.
minus-squareSuperSpruce@lemmy.ziplinkfedilinkarrow-up4·1 year agoIf that holds true, then it really is no better than China’s social credit system. Somebody needs to regulate this monster before it eats us all.
FICO is just one of a multitude of scoring systems which impact people’s lives in the US today.
https://en.wikipedia.org/wiki/Criticism_of_credit_scoring_systems_in_the_United_States
You and your friends’ social media activity, among numerous other things, can absolutely affect your ability to get a loan, a job, a rental contract, etc.
If that holds true, then it really is no better than China’s social credit system. Somebody needs to regulate this monster before it eats us all.