Credit Scores Based On AI and Your Social Media Profile Could Usher In New Way For Banks To Discriminate

Credit scores have a long history of prejudice. “Most changes in how credit scores are calculated over the years — including the shift from human assessment to computer calculations, and most recently to artificial intelligence — have come out of a desire to make the scores more equitable, but credit companies have failed to remove bias, on the basis of race…

Your Money: The New Equifax Boss Wants to Make Amends. We Have Some Questions.

Mark Begor thinks Equifax can be the consumer-friendly credit bureau. So where are our free credit reports, automatic credit freezes for babies and consistent straight talk? Source: https://www.nytimes.com/2019/04/05/your-money/mark-begor-equifax-ceo-interview.html?partner=rss&emc=rss