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In China, Your Credit Score Is Affected by Your Political Opinions

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Re: In China, Your Credit Score Is Affected by Your Political Opinions

#8
> our credit score is simple... It’s measured from our assets, our income, and if we have bought on credit in the past and managed it well.

Having worked in mortgage lending for many years, I'd like to point out that this isn't true. Your score (generated by the big 3 bureaus) does not take income or assets into account, it's based on credit utilization, payment history, and similar factors reported by your existing creditors and public records (BKs, judgments). That's why more factors go into extending you credit (credit card, mortgage, auto loan), than your score alone.

Re: In China, Your Credit Score Is Affected by Your Political Opinions

#9
In a country where lobying for the wrong political opinions can land you in jail, it is actually rational to treat political opinions in the same way as potential criminal behavior from a credit scoring point of view. Particularly in a country where it also works the other way round, where having the right proximity with the party can be very lucrative.
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