Investing - As lobbyists, prominent law firms and 'Risk Management Specialists' continue to correct how credit score companies rate consumers, many within that same circle may begin holding credit card companies as accomplices. In her book 'Plantation Owners' a local author interviews a credit card holder that had been paying his credit card payments on time, with promises from the company to report directly to credit score firms. Yet, the individual she interviewed showed her documentation of no credit score increases from credit card companies 'direct reporting' to credit score firms. Furthermore he said it seemed that his credit score decreased over time. As personal information is easily accessible by companies with large data centers, discrimination is also increasing, not just in stigmatizing consumers by area codes but also through cultural differences.
As investigations pursue of mishandling of data by credit score companies, many of the workers that consumers are being targeted by are also being investigated for political motives. With Remote Working on the rise, data centers to keep track of the workers and the regions in which they communicate from with corporations are also increasing. Citizen credit score's in a cashless society should be a national security debate, although college students have already become casualties of a set trend. Eventually, banning any consumer from accessing a credit card will be the equivalent of placing a personal sanction on them. Currently in some counties in the U.S. correctional facilities demand that individuals must have a credit card to pay bail. A low credit score can prevent individuals from accessing credit cards and the housing market, which are clear examples that define economic warfare. For further reading on this topic and ways to eradicate discriminatory practices, review the following doc. http://growingscience.com/beta/ac/2902-empirical-assessment-of-the-effects-of-cashless-policy-on-financial-inclusion-in-the-nigerian-emerging-economy.html