Tag: Social Credit Score

Social Scores May Be Rolled Out In China

Most adults in the world have some idea of what their credit score is. Quite simply put, this is a numerical value which is calculated by payment history and other financial factors which is an indication on an individual’s ability to take on a debt and pay it back. Various companies and other private institutions rely on credit scores to assess risk in granting loans, extending leases, and sometimes even …
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