[jdavis703]

Income is required for any loan ranging from a personal loan, to a car note to a mortgage. Even renting an apartment requires proof of income! The only loan that doesn’t require proof are student loans, and those are essentially impossible to default on.

[archildress]

Just to be clear, my criticism is of the credit score metric, which I feel is disproportionately depended upon for credit worthiness. A credit score does not take into account income.

[dragonwriter]

> The only loan that doesn’t require proof are student loans, and those are essentially impossible to default on.

They are trivial to default on. They are very hard to discharge.