The Paradox of Credit Scores

This chapter explores the intricate and often confusing nature of credit scores, examining how actions like paying off debts can paradoxically impact one's score. It discusses the historical evolution of credit practices, revealing how personal relationships influenced lending decisions before the rise of standardized systems. Additionally, the chapter delves into the ethical dilemmas and systemic inequalities in credit reporting, particularly focusing on the discriminatory practices in post-Civil War America.