During a three-week period this year, the credit reporting company sent faulty scores to lenders big and small, resulting in higher interest rates and denied applications.
Repeat after me: “China Orwellian social credit. China Orwellian social credit. China Orwellian social credit.”
Watch them not get any repercussions whatsoever
They will actually just create another “credit monitoring” monthly subscription product using this.
Credit scores are a farce
I agree and would take it one step further. Credit scores are a scam.
This is exactly why my password to this account references the FICO credit score.