Frankly, private industry has been lucky up until this point that anything other than your financial history has been allowed to factor into your credit score or credit worthiness __at all__. I wouldn't be surprised if it gets limited to solely financial factors by regulation within the next 10-20 years.

In terms of regulations, I think by regulation they shouldn't be allowed to give the algorithms anything but loan amounts, payment schedules, and payment history. Don't give them locations. Don't give them age, name, race, or gender. Don't even give them the names of banks, since this too can be used in a discriminatory way that can be used to imply geographic location and thus race etc. Yes, people with no credit history will get terrible scores, but that's the point of a credit system. It should be based solely off of your merits and what you've actually done, not off of what people in your area/situation tend to do based on statistics. Then it's just statistics creating statistics, and socioeconomic mobility freezes