As if reality couldn’t be more dystopian, researchers for the International Monetary Fund proposed that credit scores should include data from peoples’ browsing, search, and purchase history.

Citing soft-data points like “the type of browser and hardware used to access the internet, the history of online searches and purchases” that could be incorporated into evaluating a borrower, the researchers believe that when a lender has a more intimate relationship with the potential client’s history, they might be more willing to cut them some slack.

What an insane, stupid idea. Too poor to afford a Mac? Sorry! Your credit score won’t be rising above 600.

Check It Out: IMF: Credit Scores Should be Based on Browsing History

One Comment Add a comment

  1. W. Abdullah Brooks, MD

    Andrew:

    Scary fun fact: even more stupid ideas have become policy or product.

    Don’t laugh, or it might gain traction.

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