I never asked for a credit score. I don’t use credit. They have made it very clear breach sfter breach that I don’t want them to have my data. How do I remove myself from credit data agencies?
In a general sense, you are discussing a way to control other people and organizations, and to make them stop talking about you. (Communicating and storing your information) This isn’t always possible or practical.
If you pay a merchant with your payment card, that merchant is allowed to know your payment card number. If you call a toll free number, the recipient of your call is allowed to know your phone number.
If they decide to share what they learn about you, and they do so legally, there’s not a whole lot you can do to stop them. I’m not saying this to antagonize or hurt you. I invite you to think differently about what you can control and what is worth worrying about.
I’m constantly having identity theft issues since a data breach at work. It changes you. Going to the IRS building constantly. Getting notifications from a credit monitoring sites. It’s ridiculous how much time I need to prove I am myself just to pay my own taxes.
It’s quite easy to get rid of all that crap: just come living in the EU
Sadly, no. Germany for example has the SCHUFA which is basically the equivalent of the Chinese social score nowadays
It is not. Saying so, reduces the intrusiveness and carelessness of the american system and absolute insanity of the chinese scoring system.
The SCHUFA is a problematic institution for sure, but saying it’s equivalent to the chinese scoring system just shows that you don’t know what you are talking about.
If you have a SSN, you have a number.
Well I totally get this entire system is mismanaged horribly designed from the start not even designed for this from the start, exetera…
Having some kind of standardized way of stating someone else’s trustworthiness when it comes to money lending it’s something that’s just inherit to capitalism as long as you have capitalism simple as that, even if they don’t call it a credit score.
The word you’re looking for is etcetera. And unless you plan to return to community banks where you have to get to know the local banker to get a mortgage, you need this system.
I’m not sure how tying this to capitalism makes sense…lending is a risk, they are betting that you’ll remain employed and will continue to pay them - there is a chance you won’t and you pay a premium to get money now. Communist countries also have this system, but it is more centrally controlled by the State.
It is important to note that while a FICO score is roughly equivalent to “trustworthiness”, the three credit agency scores (Equifax, TransUnion, and Experian) are NOT meant to reflect your trustworthiness directly. Rather, they are specifically designed to inform lenders of your profitability for them.
It’s an important distinction because having a an outstanding payment history alone won’t improve these scores, if you aren’t utilizing available credit and maintaining some running balance with lenders.
Basically, if you’re just going to borrow money and never pay any interest on the loans, you aren’t actually a source of profit and therefore aren’t a desirable customer for lenders and creditors
I never asked for a credit score.
Unfortunately the credit agencies don’t have much reason to care what you want. There are people with money who asked for everybody to have a credit score
Where do you live?
