Your Credit Score Should Be Based on Your Web History, IMF Says

[Alexander]

In a new blog post for the International Monetary Fund, four researchers presented their findings from a working paper that examines the current relationship between finance and tech as well as its potential future. Gazing into their crystal ball, the researchers see the possibility of using the data from your browsing, search, and purchase history to create a more accurate mechanism for determining the credit rating of an individual or business. They believe that this approach could result in greater lending to borrowers who would potentially be denied by traditional financial institutions.
https://gizmodo.com/your-credit-score-s ... 1845912592



Sounds like the soft implementation of a (China) social credit score that "conspiracy theorists" have been speaking of and showing the footwork of for a LONG time now. Linking your browsing history to your financial credit score, which could in effect lower your score if you “visit websites marked harmful by their fact-checkers”.

[Original_Intent]

Oh yeah, no danger of moral hazard there. Talk about social credit scores - literally.

In what universe does your browsing history provide a better picture of your credit worthiness than your actual history of meeting your financial obligations?

Also, it isn't like the sites to visit to boost your credit score wouldn't leak out. This is more tinkering with social engineering for the Great Reset.

[Lexew1899]

The Chinese implemented the Seasame Credit system years ago. It’s clearly going to be worldwide soon.

[Luke]

Nah fake news. No such thing as crazy conspiracies. Tin foil hat.

[ammodotcom]

Oh yeah, no danger of moral hazard there. Talk about social credit scores - literally.

In what universe does your browsing history provide a better picture of your credit worthiness than your actual history of meeting your financial obligations?

Also, it isn't like the sites to visit to boost your credit score wouldn't leak out. This is more tinkering with social engineering for the Great Reset.

They'll consider your financial history too, but this way they can keep the kinds of people who frequent forums like these perpetually poor.