[dsfyu404ed]

>if you have a bad credit score, you can't even rent an apartment. And many employers won't hire you.

I think it's worth noting that you can't rent what the kind of people who care about their FICO score think is a good apartment and employers the kind of people who care about their FICO score want to work for won't hire you. You can still get an apartment, job, etc just fine so long as you're not in bankruptcy.

There's a pretty big chunk of society where basically everyone either has shit credit and/or doesn't use credit. It's just not a chunk of society the chunk that knows their credit comes into much contact with. Those people mostly get along just fine. Access to credit is not a significant thorn in their side.

[navaati]

Oh yeah, a caste system, that's lovely.

I know you don't mean that, but it sure smells like it.

[dsfyu404ed]

My point is that not everybody lives in upper middle class existence where you need good credit for everything. There's plenty of people out there who will never buy anything other than a house on credit and who never do any of the things you're supposed to do to have a good credit score.

[navaati]

Until, for some reason, one of them wants to, but he can't, he's stuck in his current situation, and that's called "reduced social mobility".