Free Republic

YGTBFKM Until today, I didn't realize that individuals are now being assigned ESG scores that some institutions use to decide whether they will do business with a person. I obviously knew about ESG scores that huge investment firms are using to force corporations to conform to ideological demands. I knew that in some cases, prominent individuals or troublemakers have been blackballed by banks and other firms. And, of course, I know that some companies that sell politically incorrect items are getting deplatformed by PayPal and even web providers. But I didn't know that an industry has sprung up to analyze...

In a major push to seize control of the public’s financial freedom, Canada is radicalizing its banking system by linking citizens’ bank accounts to a tyrannical social credit score.The Canadian banking system will soon be transformed by a so-called “open banking” framework.Proponents are framing this as a more “inclusive” way for banks to easily share information and access user data.However, the move will merge social standings with banking to provide governments and unelected bureaucrats with complete control over our finances.The organization Open Banking Excellence (OBE), a World Bank partner that originated in the UK, boasts that it will incorporate social...

A new dating app called "Score" has been launched by financial services company Neon Money Club. Score is positioning itself as an app for financially responsible singles, requiring users to have a minimum credit score of 675 in order to join.

The picture at the top of this article is one I took myself as we went shopping this weekend at the Outlets Mall on Rt 16 in Saint Augustine. It leapt out as me as we passed by, and I snapped it right away. There are many such stores here in Florida with signs on their windows proclaiming their now-cashless corporate structure. Did you know that many fast food places are testing business models that are 100% takeout and 100% cashless? Chick-fil-a is doing that right now, and they’re not the only ones. One of the things that the pandemic...

Concerning tracking of all buying and selling: on Apr. 26, 2023, it was reported that Reggie Littlejohn, founder and president of Women’s Rights Without Frontiers, said the World Health Organization (WHO) is promoting a vaccine passport that has the same digital platform as China’s social credit system. It can identify people by their face scan; identify their location; record their residence, place of work, spending history, internet searches, criminal records, and much more (just like they do in Communist China). Littlejohn said the WHO used Covid-19 to get people to accept vaccine passports to move about, and in the future,...

That was fast. Here come the Chinese-like social credit scores.Leftist Democrats, but I repeat myself, are making no secret of their plans to become more like their comrades in China. They support vaccine passports for COVID mRNA shots in order for people to receive certain social rewards such as going to school or attending a Major League Baseball game, just like the social credit score system in the People’s Republic. Now, Democrats and Congresswoman Maxine Waters, the chair of the House Financial Services Committee, want your FICO score to go full “woke.”They’re not even trying to hide it.USA Today reports...

Developments continue around the efforts of Washington state’s insurance commissioner to ban insurance companies from using credit to set rates for auto, homeowners and renters insurance for three years.Insurance Commissioner Mike Kreidler issued an order on March 23, 2021, that bans the use of credit in setting insurance rates for new and renewed policies as of June 20, 2021.Insurance industry groups joined together to try to halt Kriedler’s plan. The American Property Casualty Insurance Association (APCIA), the Independent Insurance Agents and Brokers of Washington, and the Professional Insurance Agents of Washington filed a petition for declaratory and injunctive relief in...

Even as the nation begins to round the corner on the coronavirus pandemic, Joe Biden and his Democratic buddies don’t want what’s left of the crisis to go to waste. Enter his “vaccine passports.” Biden’s White House spokeswoman Jen Psaki says any vaccine passports will be outsourced to Big Tech, but Acting Medicare and Medicaid Services chief, Andy Slavitt, says, “This is going to hit all parts of society, and so naturally, the government is involved.” OUTSOURCING VACCINE PASSPORT TO BIG TECH The passport sounds like the continuation of ObamaCare, but hitting “all parts of society” to achieve compliance. As...

Have you checked your social credit score lately? You might want to. Mine seems to have taken a nosedive this month. You might want to see how yours is doing. Everyone knows what a credit score is. But social credit scores are new. They’re the latest corporate import from Communist China, where government and big business monitor every citizen’s social views and statements. And they’re the latest form of cancel culture in this country, as corporate monopolies and the left team up to shut down speech they don’t like and force their political agenda on America. For those who still...

Would partner with Big Tech to use spy data from Amazon, Google and Apple.The Trump administration is considering launching a social credit score-style system in coordination with Big Tech that would use spy data collected from Amazon, Google and Apple devices to determine whether or not an individual can own a gun.“The proposal is part of an initiative to create a Health Advanced Research Projects Agency (HARPA), which would be located inside the Health and Human Services Department,” reports the Daily Caller. “The new agency would have a separate budget and the president would be responsible for appointing its director.”HARPA...

President Barack Obama is bringing the subprime-mortgage crisis back, fueled by the progressives' political urge to treat borrowed money loans as a "right" that everyone is "entitled" to get, and by the willingness to dismiss mathematical probability as a racist conspiracy. The last time liberals ran this mortgage ponzi-scheme, from 1995 to 2007, they almost crashed the financial system of the entire planet. They managed to largely evade responsibility by pinning the blame on their junior partners -- the banks, the stock-market and the GOP -- and even found political profit in the ensuing panic, so why shouldn't President Obama...

Subprime 2.0: The White House is rolling out a new low-income mortgage program that for the first time lets lenders qualify borrowers by counting income from nonborrowers living in the household. What could go wrong? The HomeReady program is offered through Fannie Mae, which is now controlled by Obama's old Congressional Black Caucus pal Mel Watt. It replaces the bankrupted mortgage giant's notorious old subprime program, MyCommunityMortgage. In case renaming the subprime product fails to fool anybody, the affordable-housing geniuses in the administration have re-termed "subprime," a dirty word since the mortgage bust, "alternative."

Subprime 2.0: In an orchestrated assault on the credit standards underpinning mortgages, no fewer than four Obama agencies have gone to war against FICO. If politicians don't want another bank crisis, they'll stop the attack. Home loan approvals hinge on FICO credit scores. But the Obama regime views FICO scoring as too strict, cutting off millions of low-income minorities and immigrants from mortgages. So it's pressuring Fannie and Freddie, which control 90% of the mortgage market and set the underwriting standards for the entire mortgage industry, to abandon FICO for a softer standard in evaluating credit risk. Obama's regulators look...

It might be time to whittle down your friends and followers on Facebook and Twitter. Not just because they continually post “news” articles from The Daily Mash or because they upload twelve pictures of their newborn baby every day, but because they could be negatively affecting your credit scores and credit worthiness. In a society where online data is abundant and easy to obtain, creditors are starting to use this information to their advantage. Lenddo, a ‘trust-based lender,’ is very open regarding their policy of using social media data as a factor in loan applications. In an article by Fortune...

ORLANDO, Fla. - Many people signing up for health care in Florida through the Affordable Care Act have been shocked when they have to give proof of their credit score before they finish the process. Anne Packham, one of many people licensed by the state to help people navigate the government's website, said on Tuesday that the credit check occurs so providers can make an educated decision about who to insure.

ORLANDO, Fla. - Many people signing up for health care in Florida through the Affordable Care Act have been shocked when they have to give proof of their credit score before they finish the process. Anne Packham, one of many people licensed by the state to help people navigate the government's website, said on Tuesday that the credit check occurs so providers can make an educated decision about who to insure.

ORLANDO, Fla. - Many people signing up for health care in Florida through the Affordable Care Act have been shocked when they have to give proof of their credit score before they finish the process. Anne Packham, one of many people licensed by the state to help people navigate the government's website, said on Tuesday that the credit check occurs so providers can make an educated decision about who to insure.

DALLAS, Jan. 7 /PRNewswire/ -- "Many people will have their credit scores lowered this year if they're not watchful, know what to do and take action," said Eddie Johansson, president of Credit Security Group, a leading nationwide credit score analysis and rescoring firm. Credit scores are used by lenders to determine credit risk. Lower scores result in loss of credit and higher interest rates. Financial analysts predict cuts up to $2 trillion in credit card account lines over the next 18 months. "This will have very bad consequences for consumers who are not prepared," said Johansson, speaking recently about credit...

...Spring Hill, Fla.-based Chrysler dealership, Marvin Hedrick has had his fair share of skeptical (and unhappy) clients, especially when he has to turn someone down for an auto loan or break the bad news that they'll have to pay a much higher interest rate than they expected. It's an issue Hedrick deals with all too often: Car buyers walk into his office with an inflated sense of their creditworthiness and he has to burst their bubble. Recently, a client came in armed with a copy of a credit report that said her score was 640. When Hedrick pulled the report,...

It seems that although most people are now aware that their credit score can have a large impact on the financial aspects of their lives, many still have no idea that institutions checking their credit also often use another score that is sometimes referred as the “hidden credit score” - your Bankruptcy Risk Score. While your credit score is a score assessed to you based to a large extent on your history of obtaining credit and paying off debt, the Bankruptcy Risk Score measures how likely you are to file bankruptcy. The Bankruptcy Risk Score is exclusively for lenders provided...