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Maybe Credit Scores Shouldn't Be A Thing? โ€“ EARLY ACCESS, AD-FREE, and UNCENSORED

Hi. In today's episode, we look at how credit scoring bureaus were originally created to track debt (among other things) in America, how they've evolved into a bad-faith tactic for the rich to exert control over poor people, and how we need to revamp the entire system so we're not using an arbitrary number to evaluate a person's worth. A human being's worth not being tied to money? Imagine that!

Maybe Credit Scores Shouldn't Be A Thing? โ€“ EARLY ACCESS, AD-FREE, and UNCENSORED

Comments

I love this episode, it has so much good information. And I won't be able to listen to it more than once, because oh my GOD the chewing sounds. I have misophonia, and am barely able to handle it when Cody does the drinking ad. Great work, always glad to support y'all, but Jesus, those sounds.

Tiana Hanson

Itโ€™s odd how credit scores are supposed to be a gauge on how reliable you are in repaying your debts but when you do payoff a debt, your score goes down. Itโ€™s almost like the scores arenโ€™t meant to reflect good repayment behavior, but instead are a guess as to how much money lenders can make off you in loan interest before you default to maximize their profits.

Phil Petrella


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