Why Credit Scores Are a Scam скачать в хорошем качестве

Why Credit Scores Are a Scam

Credit scores are a ubiquitous part of American life. Try to do anything at all – get housing, get a car, get anything that requires a loan – and you’ll be assessed based on a three-digit number that most people recognize as arbitrary and dumb. So what’s the origin of this weird system? Law professor Chase Madar explains the sinister trends behind the rise of the credit score. Citations: https://shorturl.at/ryAIT These videos are 100 percent funded by small donations from people like you. And we really need your help. So if you can, join us on Patreon:   / gravelinstitute   Or, if you prefer, give a one-time donation: https://secure.actblue.com/donate/gi-... Thank you! Get Institute Merch: https://merch.gravelinstitute.org/ ​ Twitter:   / gravelinstitute   ​ Instagram:   / gravelinstitute   Facebook:   / gravelinstitute   0:00 What are credit scores? 1:51 A journey to the '70s 4:32 Enter the '80s 6:57 Creating "debt-prone consumers" 11:00 Credits