Reply #111: Bad Risk is general?

[Statistical]

As in a risk in life? Hardly.

Do people with lower credit score have a higher risk of defaulting on a financial obligation including but not limited to rent payment? Of course they do. That is the whole point of credit scoring system. There is decades of historical evidence to validate that correlation.

Does everyone with low credit score fall behind on payments? No of course not.
Does everyone with high credit score make payments on time? Also of course not.

Does the likelihood of default correlate with lower credit score? Sure. That is why it is used.

"Let's assign everyone a number"
Um newsflash you already have a defacto identity number is it called your social security number.

"and an RFID card"
What purpose would that serve?