Comment on How do poor people in the states give birth without money?
jantin@lemmy.world 8 months agoThe technology of loan risk assessment? Yes, it exists worldwide, all banks are doing it. But there is a wide chasm between
“when I show up asking for a loan bank will xray all my previous financial history and craft its offer from that” in Europe (at least my country) and
“credit score is a houshold term, people employ lifehacks to improve it and you’re screwed if it’s bad because half of everything runs on credit”.
boblin@infosec.pub 8 months ago
There’s also the fact that credit rating agencies in North America have hardly any supervision and are prone to make mistakes because they take correlated data by face value.
Jamie@jamie.moe 8 months ago
I think my credit report still says I work at “DOMINOES” after like 5 years of not being there. It doesn’t effect anything, but I get mild amusement out of it being misspelled on top of that.