The careless errors of credit reporting agencies
The US is as far as I know the only country in the world who have a positive creditscore system.<p>At least in Europe it&#x27;s mostly based on a negative creditscore i.e. you are trusted by definition but if you don&#x27;t pay your bills you end up not being allowed access to credit.<p>In the US they don&#x27;t trust you per definition and instead you have to prove that you are good with money by basically creating debt and then paying it off.<p>This is obviously to say the least absurdly backwards, but I believe there is a rational explanation and that is that the US is a country of immigration and so you had to find a way to allow foreign people without any history and no reason to trust them.