<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>hectormalot</author><text>&amp;gt; Simply because the credit system is _in my opinion_ imperfect and punishes people harshly. It encourages borrowing. i.e. if a person is responsible and chooses not to open a credit line, then their credit is considered bad, and banks would consider them risky. That&amp;#x27;s just one example.&lt;p&gt;That&amp;#x27;s a US (and maybe some other countries as well) perspective, but not the same for all countries. e.g. in The Netherlands, your credit report is mostly concerned about how much debt you have (vs capacity to pay) and if you have debts in arrears. I understood historic debt payments don&amp;#x27;t really factor into it here.&lt;p&gt;Note that different debts do have different weights. e.g. a car loan for 20k can reduce the limit of your max mortgage by 50k because its a bigger impact on your capacity to pay.</text><parent_chain><item><author>Bilal_io</author><text>Simply because the credit system is _in my opinion_ imperfect and punishes people harshly. It encourages borrowing. i.e. if a person is responsible and chooses not to open a credit line, then their credit is considered bad, and banks would consider them risky. That&amp;#x27;s just one example.</text></item><item><author>basisword</author><text>&amp;gt;&amp;gt; These are good ideas. Many people have debt from all kind of life issues and it kind of seems insane to lock them out of financing for … a phone or the like.&lt;p&gt;Why is that insane? Why would a company essentially loan money to people they think are unlikely to pay them back? A £1200 iPhone is certainly not essential when there are serviceable equivalents for &amp;lt; £100 without the need for a contract.</text></item><item><author>crate_barre</author><text>&lt;i&gt;own credit score system when paying by installments&lt;/i&gt;&lt;p&gt;These are good ideas. Many people have debt from all kind of life issues and it kind of seems insane to lock them out of financing for … a phone or the like.&lt;p&gt;The credit score system is the OG social credit system that China ain’t got nothing on.</text></item><item><author>jxub</author><text>Kudos (?) to the team. My guess is that they will want to roll out their own credit score system when paying by installments, rather than rely on Barclays as the credit broker as they currently do.</text></item></parent_chain></comment><story><title>Apple acquires UK open banking startup Credit Kudos</title><url>https://ffnews.com/newsarticle/apple-acquires-uk-open-banking-startup-credit-kudos/</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>lotsofpulp</author><text>Why are people entitled to credit?  Everyone ascribes more credit to people they have good or neutral experience with than people they have had no experience with.</text><parent_chain><item><author>Bilal_io</author><text>Simply because the credit system is _in my opinion_ imperfect and punishes people harshly. It encourages borrowing. i.e. if a person is responsible and chooses not to open a credit line, then their credit is considered bad, and banks would consider them risky. That&amp;#x27;s just one example.</text></item><item><author>basisword</author><text>&amp;gt;&amp;gt; These are good ideas. Many people have debt from all kind of life issues and it kind of seems insane to lock them out of financing for … a phone or the like.&lt;p&gt;Why is that insane? Why would a company essentially loan money to people they think are unlikely to pay them back? A £1200 iPhone is certainly not essential when there are serviceable equivalents for &amp;lt; £100 without the need for a contract.</text></item><item><author>crate_barre</author><text>&lt;i&gt;own credit score system when paying by installments&lt;/i&gt;&lt;p&gt;These are good ideas. Many people have debt from all kind of life issues and it kind of seems insane to lock them out of financing for … a phone or the like.&lt;p&gt;The credit score system is the OG social credit system that China ain’t got nothing on.</text></item><item><author>jxub</author><text>Kudos (?) to the team. My guess is that they will want to roll out their own credit score system when paying by installments, rather than rely on Barclays as the credit broker as they currently do.</text></item></parent_chain></comment><story><title>Apple acquires UK open banking startup Credit Kudos</title><url>https://ffnews.com/newsarticle/apple-acquires-uk-open-banking-startup-credit-kudos/</url></story>