It is exactly that (basically), and there's numerous ethical arguments around credit score. But credit score was in a somewhat unique position, because what pre

It is exactly that (basically), and there's numerous ethical arguments around credit score. But credit score was in a somewhat unique position, because what predated it was obvious racism, sexism, and other types of discrimination. For both companies and consumers, it was a step up. Now, I'm not sure if that's the case. Today there's still many legal and moral qualms about using credit score for job applicants. It's illegal in many areas and highly scrutinized if a company does this.