this post was submitted on 22 Apr 2024
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[โ€“] [email protected] 11 points 8 months ago (1 children)

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.

[โ€“] [email protected] 2 points 8 months ago

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.