IMF proposes to base credit rating on internet search history

Sounds legit

originally posted by: Xtrozero
Searching porn is at least a 840 credit score...

Yea but midget porn is half that.

a reply to: trollz

All credit reports and agencies should be forced to be deleted from day 1 of the Pandemic until its over.

Please take note of the window of entry.
This does seem like a good time.
We knew this was in the works.

Covidfear. The die has been cast.
Business and enterprise gone, bankrupt.
None of that tribal warfare anymore.

Many will augment their bankrupt state,
morally flexible bankrupt state
and scramble to fall in line.

In mention of it, the keyword is ‘you’re crazy’,
should one be so brave to say as much,
or stony silence.
Listen, discern, and know your enemy.

There isn’t a middle ground here.
To wit, it is on the face of it morally repugnant,
or you see a way to survive, by allowing it.

I think that lot of conveniences, technological
conveniences, will be attached to this. Services too.
Electricity, naturlich (you’re crazy....) to which I will yawn.
Police. Fire. Medical, emergency or otherwise.
Insurance. Ride shares. Everything. Sort of like
getting, or not getting, vaccinations. Just a gauge
to determine how mark-friendly you are, or aren’t.

The thing to do, aside from violently resisting
is to take names, now, before it’s too late.

Exactly who are these ‘researchers’?
I hereby pronounce on them a social credit score
which descends beneath hell itself.

Simply for the tendering of it.
Or...maybe they are simply being honest.
In other words....all the devices to punish, or reward,
are already coursing through the wires.
Like some ‘sort of ray’ that controls a TV.
Only now it’s a nanoparticle.
By making (scs) records official, it means that we acknowledge control,
authority, and that things can get ‘back to normal’ at last.

The melding of machine, to man.
Can’t let it all happen all at once, can we?

Now. Who wants to play
stay alive
thee survival game?


‘certain kinds of people’ indeed.

# 1306

originally posted by: nerbot
a reply to: trollz

What a great excuse to make using a VPN illegal.

Even VPNs give up your info for the right price. Best to use Tor and that's no guarantee.

a reply to: trollz
One odd thing is that the business of the IMF is lending to nations. Why are they concerning themselves with the credit-score calculations of individuals? That's the concern of the people who lend to individuals.

For some reason this post was ignored.
www.abovetopsecret.com...


Here is the actual article upon which the kerfuffle is based:

We argue that in particular the rise of new communication channels can lead to the vertical and horizontal disintegration of the traditional bank business model. Specialized providers of financial services can chip away activities that do not rely on access to balance sheets, while platforms can interject themselves between banks and customers. We discuss limitations to these challenges, and the resulting policy implications.

Sounds spot on to me.

www.imf.org...

Technologies and techniques exist to subvert this type of tyrannical garbage.

Learn them and avail yourselves of them.

IMO this should be fought against tooth and nail, but good digital privacy practices and protecting your identity is always advisable; you should hope for the best but plan for the worst.

originally posted by: putnam6

originally posted by: Xtrozero
Searching porn is at least a 840 credit score...

Yea but midget porn is half that.

He'll be here all week!

originally posted by: one4all
a reply to: trollz

All credit reports and agencies should be forced to be deleted from day 1 of the Pandemic until its over.

Nope. My 815 FICO score says otherwise.

a reply to: projectvxn

One of my cards reduced my limit because I wasn't using it enough. I lost a few points, now also at 815.

a reply to: Phage

Hey, that's not a bad thing at all. I try to only open credit lines that I can pay back within 1 year's time. The only debt I have right now is my car and my home.

I have credit cards that I use but I stay below 10% usage.

a reply to: projectvxn

I'm way, way below that.

My problem is my mortgage is too big in comparison to my income (debt/income ratio). How's this, if I were to refinance, my payments (which I am perfectly capable of making now) would be lower than they are now but I can't because of that ratio. Thanks to the wonderful stuff the banks were doing 15 years ago.

a reply to: Phage

They're fine with you D/I ratio for the higher payments but won't refi for lower, more affordable payments?
You aren't using an ARM mortgage are you?

a reply to: projectvxn

You aren't using an ARM mortgage are you?

Oh, hell no.

My income was higher the last time I refinanced but not so much that it would have made a difference. The standards were changed as result of the bank nonsense 15 years ago, handing out mortgages to any and all comers.

Like I said, I have no problem with the current payments, yet I'm not allowed to lower them.

a reply to: Phage

Those regs didn't seem to prevent banks from overleveraging regardless.

Well I'm screwed as my credit score is as low as it can go due to poor money mgmt. and having to spend two Inheritance's and both my late wife's and my retirement funds on both of us after ending up disabled, I suppose I'll be pushed out to the outskirts of society to die alone in the woods with my cat, Well hell that should be somthing too look forward too Lol

a reply to: projectvxn

Those regs didn't seem to prevent banks from overleveraging regardless.

They weren't in place at the time. That's the point.

I've been saying on a few of my post this: convenience is what will destroy mankind

a reply to: trollz

All I can say is;

write Arnoud Boot, Peter Hoffmann, Luc Laeven and Lev Ratnovski

I sincerely wish these individuals the very very worst this planet has to offer.