Could Personality Tests One Day Replace Credit Scores

Credit scores have drawn a lot of criticism over the years. They have even been accused as being a system by which the poor are held back from the advantages enjoyed by the rich: access to significant lines of credit. Some people are dismayed by the fact that their credit score could be the reason they are not getting hired from one company to the next.

Still others see using credit scores as a means to raise car insurance rates as a dirty practice in the car insurance industry—especially since the government is the one allowing insurance companies to operate this way, and it is also the one requiring that drivers carry car insurance.