I always assumed credit scores were an integral and historic part of the American financial system.
They were not, they are very recent，most of your parents didn’t have credit scores growing up, and as you can probably tell or at least intuit, it’s mostly just a b******* scheme for those with capital to accrue more capital by invading your privacy.
I didn’t say anything about the government, credit scores are private. It’s irrelevant though who the boot belongs to.
https://www.priv.gc.ca/en/opc-actions-and-decisions/investigations/investigations-into-businesses/2017/pipeda-2017-003/
https://www.npr.org/sections/health-shots/2018/07/17/629441555/health-insurers-are-vacuuming-up-details-about-you-and-it-could-raise-your-rates
It’s difficult to know just how much data is aggregated through these as they are completely private and only traded via data brokers.
I think it’s naive at best, willfully ignorant at worst, to deny that these scoring systems are in place and use a vast array of data including very detailed spending habits.