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Can someone explain to me why America has this strange system of “building credit” while other countries don’t really seem to?<p>In my country there are agencies that track, for example, the fact that you had a debt collector called on you, but you don’t have to have ever used credit card to get a loan, which seems totally bizarre to me.<p>When I got a home loan the primary checks were about making sure my income was as I said it was, that I had a stable job, and then they wanted bank statements to see what my expenses were. My existing bank didn’t require statements of course and just automatically worked out my weekly budget from my account.<p>Why would banks want to trust some arbitrary gameable score when the basics are barely more complicated to check when getting a loan?