Birdwatch Note Rating
2025-01-08 15:04:16 UTC - HELPFUL
Rated by Participant: C8468270FD5B1F2819E50FA2F3E8106CF11A4BB406B7FF273A9905A260B2CCA3
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