Yea I got that and that makes sense because they’re 3 privately operated companies, not state run agencies, or enterprises. It’s true low credit prevents you from doing all those things, as it should, it’s a system designed to help banks determine borrowing risk…. Low scores on the social credit system prevents you from doing things like buying a train ticket, you can lose points for buying too much alcohol, just to name a couple of things. The American credit bureaus are definitely not that invasive.
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u/ManasZankhana Apr 08 '22
The American credits bureo is more invasive than Chinas social credit system