I hope that regulatory agencies start cracking down on these "alternative sources" for credit-worthiness data. Researchers have shown how it's very easy to attribute things like political party, race, sexuality, etc., things that are often illegal to take into consideration when determining credit, to other things like where you live, TV shows you like, apps you have on your phone, etc.
And strangely (or not) this blog post from the IMF barely touches on the huge privacy concerns with this stuff.
And strangely (or not) this blog post from the IMF barely touches on the huge privacy concerns with this stuff.