I always assumed credit scores were an integral and historic part of the American financial system.

They were not, they are very recent,most of your parents didn’t have credit scores growing up, and as you can probably tell or at least intuit, it’s mostly just a b******* scheme for those with capital to accrue more capital by invading your privacy.

  • Got_Bent@lemmy.world
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    4 months ago

    Back in the seventies/early eighties, I remember my grandmother getting financial privilege by showing the check numbers in her checkbook, which were in the high thousands.

    If you ran around bouncing checks, you would get cut off long before that and have to start over at the dreaded check number 101.

    Such simpler times.

        • BradleyUffner@lemmy.world
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          4 months ago

          Knowing that you can order checks with any number you want printed in them. I would trust it as much as i would trust a check with any other number. Maybe actually a little more than check #69420 or #58008.