Forum Post: Fico disclosure now!!!!
Posted 10 years ago on Sept. 12, 2014, 8:58 a.m. EST by elf3
(4203)
This content is user submitted and not an official statement
The credit agencies track and rate your every move and yet there is not one ounze of disclosure required on how these scores which determine your interest rate and thus your level of debt is calculated...nor oversight on the accuracy or on how it was factored. We all just accept it and take it as the word. Fico is your access to upward mobility ...your ticket into society...are you dinged for being a woman or minority? Are you dinged for your interests or web searches...? There is nothing regulating this. Don't we all deserve to know what factors in to our pass? Credit is your passport to upward mobility...so who is keeping you in check? Say do you think ...could it be the banks ...the one percent? No no they don't want an unjust caste system not them ...no!
Interest is the difference of hundreds of thousands of dollars especially amortized dollars...interest is everything. *Interest is debt ...and Fico is your interest rate.*
Fico is the God Chip and not only do you have to pay to access your score, you have to pay to repair it when it identity is breached, and you have to pay to safeguard and monitor it. It is the chip on all our shoulders. And the only way to establish one is to hold debt.
I believe that all of these machinations add up to one goal:to entirely erase and abolish the segment of humanity that is too poor to borrow money at interest.There is little doubt that at some time in the not too distant future,The Overlords will require that all humans be implanted with chips.I think the Great Chipping might not be needed until almost everyone who cannot or will not borrow money at interest has been eliminated.After all,even though microchip implantation is very,very inexpensive,there still would be a cost involved in chipping billions of people.To spend money,The Overlord Class has to have a compelling reason-even if it's only a penny per person.They really have no need to track or control people who have been abolished.All people who have been totally excluded from the economy and have no livelihood will soon die and no longer be the object of Overlord concerns.Therefore,why chip them?
And, they want to RFID chip everyone.