Birdwatch Note Rating
2025-01-08 15:18:47 UTC - HELPFUL
Rated by Participant: C1CAB9F6DE4B12FDE4E13F466C91858C49918CC93F8C23D8F019EC71FDA8C6C4
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