• Water Bowl Slime@lemmygrad.ml
    30·
    3 years ago

    In the not-too-distant future, your internet habits could help determine how much house you can buy

    I wanted to buy 1 house, but then I googled “how to join a union” and now I’m only allowed to buy 0.2 house ):

  • KomradeK@lemmygrad.ml
    28·
    3 years ago

    Everything capitalists accuse communists of doing, they have done themselves. Communism killed 100 million people? Even if that number is real (and it isn’t) capitalism has kill 10x that many people. Communism social credit? No, that’s capitalism. Communism destroys individuality? Capitalism. And so on and so on.

  • xxcvzvcxx@lemmygrad.ml
    28·
    3 years ago

    What’s funny is that China’s Social Credit system is mostly fake news, while western credit scores are 100% real and dictate what you can or can not do in life, including acquiring basic necessities such as housing.

    But sure bro, it’s China that is 1984.

    • panic@lemmygrad.ml
      22·
      3 years ago

      Housing, health insurance, loans to obtain transportation and education. Whatever fictional system they make up is less scary than real life.

      • cmrdMiroslav@lemmygrad.ml
        12·
        3 years ago

        You will be punished financially if you don’t have any credit score. And as soon as you need to take any loan you’ll get one. And they’ll use your lack of credit history to fuck you. Landlords check your credit score when you try to rent an apartment. You need it to buy a house. It can even prevent you from getting a job.

      • knfrmity@lemmygrad.ml
        11·
        3 years ago

        No, unfortunately not. No credit card means you have a bad credit score, not none. And I think other really unrelated things you do can influence your credit score as well.

          • AgreeableLandscape☭@lemmygrad.mlOP
            4·
            3 years ago

            Can you get me a list?

            No. As far as I know, the credit score system in the US is controlled by IIRC exactly three private companies (remember Equifax and their massive data breach, they’re one of those three, still are with zero consequences). And to my knowledge their methods are completely opaque. Neither the complete list of factors nor their weights are known, or, at least they’re not eager to advertise how the scoring system works. I imagine they also change the system occasionally without telling anyone, and the three companies also use slightly different systems from each other.

            So you’re just assigned this magic number that is supposed to say how financially competent you are, which many places in the West also uses as literally as a score of how good of a person you are (just like they’re accusing China of).

        • AgreeableLandscape☭@lemmygrad.mlOP
          4·
          3 years ago

          No credit card means you have a bad credit score, not none

          Exactly this. The default is 0, not “null”. Ever wondered why 18 year olds can’t rent a car or an apartment? It’s because they have no credit history so the system assumes they’re just trash.

      • isleofmist
        7·
        3 years ago

        You’ll need a credit score to rent an apartment or to rent a car (among other things)

    • lssssj
      11·
      3 years ago

      Funny how in socialist countries people actually own homes.

  • morrowind
    310·
    3 years ago

    bruh, nobody enjoys credit scores. And they’re only determined by your financial decisions, not everything you do.

      • morrowind
        26·
        3 years ago

        Look I am sorry about your girlfriend, but you’re ascribing far too much intent to credit score. It is not evil or designed to punish by some malicious entity that hates poor people. It’s not made to because somebody wants to control behavior or as a justice system. It’s made by financial entities to maximize profit and minimize risk to themselves. Any other aspect you notice is a byproduct.