FICO – How Do You Score?

Surely, you understand the basics of your credit score. Right?

China began the development of a social scoring system that incorporates creditworthiness and social behaviors. The development has been ten years in the making and the goal of the communist Chinese government is full implementation this year of 2020.

If a Chinese person’s social score falls too low, they may be unable to obtain desirable work, take vacations, or use public transportation. Aren’t you thankful to live in the USA where we don’t have such a social rating system?

Wake Up Call

The Silicon Valley giants – Google, Facebook, Uber, Airbnb, etc. – have social rating systems in operation at this very moment in time.

Reference: Fast Company 8/26/19 | Uh-oh: Silicon Valley is building a Chinese-style social credit system. In China, scoring citizens’ behavior is an official government policy. U.S. companies are increasingly doing something similar, outside the law.

in the future, law enforcement may be determined less by the Constitution and legal code, and more by end-user license agreements

A Dose of Wisdom

Can you tolerate a peek into the Bible, a look into your future?

“17 and that no one will be able to buy or sell, except the one who has the mark, either the name of the beast or the number of his name. 18 Here is wisdom. Let the person who has enough insight calculate the number of the beast, for it is the [imperfect] number of a man; and his number is six hundred and sixty-six.” Revelation 13:17-18 AMP

By no means do I claim the above scripture reference is your FICO score, but the similarity should not be ignored.

In general, credit scores range between 300 (very bad) and 850 (very good). 666 is actually a good credit score.

Across the country, red flag laws are being enacted. What are they? Red flag laws are effectively a social credit system that rates your social behavior to determine if you pose a risk to your neighbors.

Your Takeaway

I suggest you be thoughtful about what you post on social media. Good ‘ole boy language could come back to haunt you.

One angry statement (you ought to read some of the outrageous statements on Twitter) could bring a police officer to your door.

“The one who guards his mouth [thinking before he speaks] protects his life; The one who opens his lips wide [and chatters without thinking] comes to ruin.” Proverbs 13:3 AMP

John White
Rockwall, Texas

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