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.
the system is build primarily around whether you pay back your debt or not.
if you have debt you can’t pay… you have bad credit.
good and bad credit have like 300 point spread. not 3. nobody cares if your score is 810 vs 812.