There is another side of credit scores, not mentioned in the original article or in the comments. There was a time, before credit scoring became ubiquitous, wh

There is another side of credit scores, not mentioned in the original article or in the comments. There was a time, before credit scoring became ubiquitous, when you would walk into a bank and get a loan from a loan officer directly, who would have very little to go on besides what you immediately present. That meant that women and minorities, even ones who would be excellent credit risks, were less likely to be able to get credit. Sure, the current system has lots and lots of flaws (mostly from reducing everything to a single immutable number), but there's something fundamentally good behind the intention of judging people based on their concrete financial activity instead of just on the color of their skin and/or the cut of their suit.