☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.ml • 7 months agoAmericans be likeimagemessage-square20 fedilinkarrow-up1281
arrow-up1281imageAmericans be like☆ Yσɠƚԋσʂ ☆@lemmy.ml to Memes@lemmy.ml • 7 months agomessage-square20 Commentsfedilink
minus-squareArthur Besse@lemmy.mlMhexbear14·7 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. linkfedilink
minus-squareSuperSpruce@lemmy.ziphexbear3·7 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. linkfedilink
minus-squareTC_209 [he/him, comrade/them]hexbear10·7 months agoChina's Orwellian Social Credit Score Isn't Real link
minus-squareBeamBrain [he/him]hexbear8·7 months agoIf you know so little about your own country's credit scoring system, you shouldn't speak so confidently about one on the other side of the world. link
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.
China's Orwellian Social Credit Score Isn't Real
If you know so little about your own country's credit scoring system, you shouldn't speak so confidently about one on the other side of the world.