The Truth About Credit Scores

Credit scores were not created to help you. They were created to help banks decide

faster. Before the 1980s, getting a loan meant sitting across from a banker who asked

about your job, your family, and your character. It was slow. It was personal.

And it was inconsistent. Banks needed a faster way to say yes or no to thousands of people.

So they built a system that turned your financial behavior into a three digit number.

It measured one thing: how likely you are to pay them back. That number was

never meant to leave the loan office. But over time, landlords started using it.

Then employers. Then insurance companies. A tool designed to speed up lending quietly became a