Credit Scoring in the United States

Barbara Kiviat

economic sociology. perspectives and conversations, 2019, vol. 21, issue 1, 33-42

Abstract: Credit scoring is the paradigmatic example of algorithmic governance (Fourcade and Healy 2017; Pasquale 2015). Corporations take information about thousands of individuals, data mine it for patterns that predict people not repaying their loans, and then make decisions about future lending-who gets money, how much interest they pay-based on variables that predicted default in the past.

Date: 2019
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Citations: View citations in EconPapers (2)

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