The notion that there are no loans without credit ratings is pure scare-mongering. It just makes cheaper credit available, which is a way for the financial se

The notion that there are no loans without credit ratings is pure scare-mongering. It just makes cheaper credit available, which is a way for the financial sector to siphon money from the rest of the economy. Many of those loans should not be made. See the subprime mortgage crisis. See people living with unnecessary credit card debt. The existence of the credit agencies is a symptom of the financial sector corrupting our government at the expense of the populace. They don't care how many lives they ruin through their devastating irresponsibility. > So this is where I think that the market is ripe for disruption You haven't addressed the central problem, which is identity theft and all the individual lives blighted or destroyed by it.