☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 7 months agoAmericans be likelemmy.mlimagemessage-square66fedilinkarrow-up1487
arrow-up1487imageAmericans be likelemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.mlEnglish · 7 months agomessage-square66fedilink
minus-squareArthur Besse@lemmy.mlMlinkfedilinkEnglisharrow-up12·7 months 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-up4·7 months 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.