My only concern with the system is that it treats people with no need or desire to have a credit card as 'risky', even if they have excellent assets and income. I'm personally unable to sign up for a mobile phone plan because I don't have a credit score, yet I rent a home, own a decent car and earn decent money without the need to borrow... This was only an issue because the person rejecting my application was relying on a computer screen to say 'denied' and where there is no room to say 'thats a bit silly'.