Skip Navigation

TIL personal credit scores only started in 1989

en.m.wikipedia.org

Credit score in the United States - Wikipedia

I always assumed credit scores were an integral and historic part of the American financial system.

They were not, they are very recent,most of your parents didn't have credit scores growing up, and as you can probably tell or at least intuit, it's mostly just a b******* scheme for those with capital to accrue more capital by invading your privacy.

198 comments
198 comments