"Credit-scoring algorithms are not the only ones that affect people’s economic well-being and access to basic services. Algorithms now decide which children enter foster care, which patients receive medical care, which families get access to stable housing. Those of us with means can pass our lives unaware of any of this. But for low-income individuals, the rapid growth and adoption of automated decision-making systems has created a hidden web of interlocking traps."
Though the story to kick off this article may be on the "upper" end of sanity...the point rings true. Credit scores are yet another number which can help the old "rich get richer" adage hold true. It's hard to tell the whole story in words if you've never experienced it yourself.
-David
Source:https://www.technologyreview.com/2020/12/04/1013068/algorithms-create-a-poverty-trap-lawyers-fight-back/