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Re:The careless errors of credit reporting agencies by popmystack on Sunday September 11, 2016 @10:25PM (#12476820)
> then a new company could make a ton of money by correcting those bad assumptions and giving out loans to people who can't get them otherwise.

This quite literally happens already.

Re:The careless errors of credit reporting agencies by mikeash on Monday September 12, 2016 @11:31AM (#12480561)
That's pretty much my whole point. New companies regularly step in and take advantage of competitors' biases, so anything that looks like a long-term systematic bias probably is actually a reflection of a real correlation instead, because if it was a real bias, somebody probably would have stepped in and taken advantage by now.