No. As far as I know, the credit score system in the US is controlled by IIRC exactly three private companies (remember Equifax and their massive data breach, they’re one of those three, still are with zero consequences). And to my knowledge their methods are completely opaque. Neither the complete list of factors nor their weights are known, or, at least they’re not eager to advertise how the scoring system works. I imagine they also change the system occasionally without telling anyone, and the three companies also use slightly different systems from each other.
So you’re just assigned this magic number that is supposed to say how financially competent you are, which many places in the West also uses as literally as a score of how good of a person you are (just like they’re accusing China of).
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being a “radical” is one im pretty sure
No. As far as I know, the credit score system in the US is controlled by IIRC exactly three private companies (remember Equifax and their massive data breach, they’re one of those three, still are with zero consequences). And to my knowledge their methods are completely opaque. Neither the complete list of factors nor their weights are known, or, at least they’re not eager to advertise how the scoring system works. I imagine they also change the system occasionally without telling anyone, and the three companies also use slightly different systems from each other.
So you’re just assigned this magic number that is supposed to say how financially competent you are, which many places in the West also uses as literally as a score of how good of a person you are (just like they’re accusing China of).
Removed by mod
Buying off people and policy.