• CosmicTurtle0@lemmy.dbzer0.com
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    6 days ago

    According to new lending startups, your social media activity and how low you let your phone battery get can be read as signs of creditworthiness, making loans available to those who may not have qualified otherwise

    Yet the article discusses none of this. Just vague “data points”.

    This sounds like discrimination based on “algorithms” but one that is legal.