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Should We End the Data Economy?

Azeem Azhar's Exponential View

CHAPTER

Credit Scores - Why Are We So Concerned?

Financial credit scores are run by essentiallyes, a cartel, by a handful of companies. And that data is really of low quality, but it has a really material impact on on our lives. I remember being in my mid twenties and on the basis of a credit score, having to pay a higher mortgage rate. But i had no way of disputing. Why we to day so concerned when historically, this problem of poorly gathered data, poorly calculated has existed for decades.

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