I don’t think poverty can be reduced to any one cause. People are poor for a lot of different reasons, often multiple reasons. Some people have problems with f

I don’t think poverty can be reduced to any one cause. People are poor for a lot of different reasons, often multiple reasons. Some people have problems with financial reasoning, or other psychological money related issues (shopping addiction, gambling, etc). These are groups that do not benefit from mixed messaging about the importance of managing their credit. Credit ratings are a way for lenders to assess risk which allows them to loan out more money, and money to those with fewer assets, than they would be able to lend without the signal credit ratings provide. Diminishing the value of credit ratings is counter to the best interests of the poor and those who see upward mobility as a positive (obviously not everyone!)