It enables companies to repeatedly steal small sums of money. A company can steal $50 from the same impoverished person every month, that they don't have the ability to take from someone with more money.
All one needs to do is inspect the logic of the victim in order to understand the criminality. He has enough resources to pay the unwarranted charges and avoid a bad credit score, but he doesn't have enough resources to acquire a lawyer.
An activist could conduct an investigation and prove the same if that's what the American system requires. I have no doubt that American companies are victimizing millions of people because of their poverty. American people and American society will continue to suffer. Shame.
It is reality. There is a gap in morality here wide enough to oppress the poor, but small enough so that those with family lawyers and savings don't need to worry very much.
Investigate the people who feel they have been abused by the credit bureau, the evidence will be everywhere. It is only obvious.
It's also worth noting that it is in the interest of those with a high credit score to defend the system even though it enables criminal behavior towards the poor. Shame.
No its not. I imagine there are millions of lower class people in America that get charged an extra $50-$500 every month with a dare to hire a lawyer or take a hit on their credit score, of which they can take neither, so they pay a thief his made up fees. There's probably other examples of this I could imagine. Without even speaking about the psychological trauma that is present here, it looks about as criminal as stealing lunch money from random people.
This isn't civilized behavior and it should not be tolerated in the USA.
Companies in America repeatedly charge people $10, $50, $200 or more than they should have, and then you either have to pay to hire a lawyer or pay them. If you don't then you get a bad credit score, and all the other companies that use the credit system will charge you more.
In Austria, credit bureaus like in America are seen as corrupt and criminal. China also doesn't have a central credit bureau.
I feel bad for every american when I hear intelligent people muse about making it more complex. You are just increasing the ability of companies to walk on the poor. This creates a bad bottom end of society, which America suffers from and Austria does not.
America has crumbling cities like Detroit, and it's because of the criminal thieving credit bureau, but here in this thread we have lots of people talking about the credit bureau without even taking civilization into account.