IMF working paper suggests using browsing history in credit score calculations
1–10 of 247 posts
Re: IMF working paper suggests using browsing history in credit score calculations
#2The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.
Re: IMF working paper suggests using browsing history in credit score calculations
#3Hey, they got that system in place already in China! https://en.wikipedia.org/wiki/Social_Credit_System
Go to HackerNews, post a dissenting topic, enjoy no travel or credit!
Work in a high compliance job where you have to submit financials yearly, no more!
Re: IMF working paper suggests using browsing history in credit score calculations
#4The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.
This is the standard misattribution that comes up all the time in bad faith, especially online. "[Organization] published X, therefore that's what they believe."
No, the IMF/NYT/News channel (or whoever) publishes opinion pieces all the time without agreeing with them.
Re: IMF working paper suggests using browsing history in credit score calculations
#5Maybe instead of taking even more of our personal data, they should worry about fixing the algorithm they run on the data they already have. For example, paying off an auto loan shouldn't make your credit score drop 60 points.
Re: IMF working paper suggests using browsing history in credit score calculations
#6The article talks about things like browser, ISP, etc and not so much browser history. Even so, this is the worst possible type of pattern matching. It’s easy for some to manipulate but really bakes in the worst bias.
People with the means can easily change their computer - You go from a budget pc running an old version of windows to a brand new Mac and your credit score goes up.
On the flip side your isp may indicate you live in a “bad neighborhood” and get penalized for it.
We have all got to hope this never gets implemented.
Re: IMF working paper suggests using browsing history in credit score calculations
#7Maybe instead of taking even more of our personal data, they should worry about fixing the algorithm they run on the data they already have. For example, paying off an auto loan shouldn't make your credit score drop 60 points.
> For example, paying off an auto loan shouldn't make your credit score drop 60 points.
Sounds like it's working to me. Uncooperative credit slaves pay less money in interest.
Re: IMF working paper suggests using browsing history in credit score calculations
#8The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.
This is the standard misattribution that comes up all the time in bad faith, especially online. "[Organization] published X, therefore that's what they believe." No, the IMF/NYT/News channel (or whoever) publishes opinion pieces all the time without agreeing with them.
You are not incorrect. That said, to use your words, organization X does not publish Y without certain level of support for Y within X.
Re: IMF working paper suggests using browsing history in credit score calculations
#9Maybe instead of taking even more of our personal data, they should worry about fixing the algorithm they run on the data they already have. For example, paying off an auto loan shouldn't make your credit score drop 60 points.
> For example, paying off an auto loan shouldn't make your credit score drop 60 points. Sounds like it's working to me. Uncooperative credit slaves pay less money in interest.
If that was the intent you'd expect your credit score to be lower if you don't carry a balance on your credit card, but that's not the case. https://www.experian.com/blogs/ask-experian/will-carrying-a-...
Re: IMF working paper suggests using browsing history in credit score calculations
#10I thought these signals were already under active use in the peer to peer lending space.