[Nasrudith]

Comparing it to social credit is disingenuous even though there are real problems with existing and proposed ratings and their applications.

Social Credit is a wrong-headed authoritarian tool of control that is enforced and has jack and shit to do with actual creditworthiness. It only "works" from being pressures because otherwise the companies shouldn't give a shit if they want to optimize for profits. If you tried to sell a loan evaluation system for banks based upon how they treated their parents in the US or Europe they would tell you to not waste their time again.

There are problems with the current scoring systems of course - the burden of proof for identity theft is utterly backwards, credit scores have major "how good of a cash cow are you" aspects mixed in to what should be pure reliability, and idiots in recruiting use it for employement evaluation when it is utterly irrelevant.

Even if the system winds up unjust and stupid there are large differences - the comparison isn't helpful.