[zajio1am]

> We might as well just taking the same approach to crime, and start locking individuals up or not extending job offers,

The main difference is that people have right to trial and to be considered innocent until proven guilty. But there is no 'right to credit'. Credit is fundamentally two-party contract.

Also there is shared limit to risk, forcing creditors to take more risk with some people means they may not take that risk in other cases (not giving credit to someone who would be marked lower risk with more informed decision) or forcing them to raise credit cost to everybody.