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Credit rating system: outdated and unfair?

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  • Inactive
    Inactive Posts: 14,509 Forumite
    It's a great shame that RBS did not apply it's credit rating system to Russian Millionaires. :rolleyes:
  • Extant
    Extant Posts: 2,140 Forumite
    Inactive wrote: »
    It's a great shame that RBS did not apply it's credit rating system to Russian Millionaires. :rolleyes:

    Oooh, now you're coming around to my job. We apply some sort of risk assessment to every client we take on, but in agreeing that £3m mortgage for Mr X, I am going to be infinitely more concerned with the fact that he sits on the board for MegaBillionsPureProfit Telecoms Ltd than with the fact that he had £6k of credit card debt written off 5 years ago or whatever.
    What would William Shatner do?
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