Birdwatch Note Rating
2025-01-07 19:11:11 UTC - HELPFUL
Rated by Participant: 1AD77EB1D0DFD6F6646D4A3A224C3C85D550840E27A49D1AD5F781862FE81A28
Participant Details
Original Note:
Prior to FICO scores, borrowers still needed to pass credit checks. Those credit checks "relied on subjective methods of evaluation — in other words, correspondents would provide evaluations of people based on their racial background, gender and moral character" (CNBC). https://www.cnbc.com/select/when-did-credit-scores-start/ https://www.credit.com/blog/when-was-credit-score-invented/#:~:text=Why%20Credit%20Scores%20Were%20Invented,such%20as%20liens%20or%20bankruptcies
All Note Details