To be entirely fair the score isn’t the only determining factor. My credit is around 690 with perfect payment history except for one delinquent student loan account from 6.5 years ago and I still get rejected for things that “should” only require a score of > 640.
Not surprising unfortunately. There’s no accountability or transparency; they can deny any application they want for any reason, and don’t have to tell you why. As long as they don’t come out and say it’s due to being a member of a protected class (which they can act on indirectly, just can’t say it out loud), they can get away with any reasoning.
I have to argue with people about that. You are 100% correct you can be denied jobs, homes etc even protected classes. It happens a lot in these right to work states were they don’t have to tell you why you don’t get the job or why you were fired.
I have been a victim to that twice myself with no recourse.
To be entirely fair the score isn’t the only determining factor. My credit is around 690 with perfect payment history except for one delinquent student loan account from 6.5 years ago and I still get rejected for things that “should” only require a score of > 640.
Not surprising unfortunately. There’s no accountability or transparency; they can deny any application they want for any reason, and don’t have to tell you why. As long as they don’t come out and say it’s due to being a member of a protected class (which they can act on indirectly, just can’t say it out loud), they can get away with any reasoning.
I have to argue with people about that. You are 100% correct you can be denied jobs, homes etc even protected classes. It happens a lot in these right to work states were they don’t have to tell you why you don’t get the job or why you were fired.
I have been a victim to that twice myself with no recourse.