Comment by josephcsible

Distinguish the concept of a credit score system with the particular implementation of one used in the US today. If your friend Bob, who's never asked to borrow money from you before, asked to borrow $100 from you today and promised he'd pay it back in a week, what would your answer be? Would your answer change if you knew that last month, he said the same thing to 6 of his other friends and never paid any of them back? If that would make you tell him no, then you do support the concept of a credit score system. There's definitely a lot of problems with our current credit score system, but it's way less bad than not having one at all, in a world where almost everyone needs to borrow money to be able to buy a house or car.