Credit reports and scores reflect existing racial inequities in our credit system and economy
Worried approximately the expend of substantial data for corporate gain? Look not further than the credit scoring system in the US,which has profound impact on our daily lives and is a source and perpetuator of systemic racial injustice. In response to aggressive marketing by the substantial three” multinational credit bureaus – Equifax, Experian and TransUnion – employers, and landlords and insurance companies now expend credit reports and scores to make decisions that maintain major bearing on our social and economic opportunities. These days,your credit history can make or break whether you get a job or apartment, or access to decent, or affordable insurance and loans.
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Source: theguardian.com