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.
Just wait till you learn what they used to deny people mortgages before the invention of credit scores.
It was their eyeballs and racism!
Can you expand on the eyeballs part? I swear I remember something about that which I can’t remember and I’m getting nothing of use on Google
You used to go to the bank and they could see the color of your skin with their eyeballs.
Hmm I feel like I remember something about eye shape that was used for discrimination, probably related to frenology
I mean, they still use racism to do that. Now they also have credit scores to do so for poor people.