> Correct me if I'm wrong, but your response also seems to indicate you don't work in financial services. No company is providing credit based solely on income verification (well, not that I'm aware of maybe some fintech is doing it). Most all credit providers are collating data from various sources to make their decision and it varies more than you might think on what goes into a credit decision.

I think you misunderstood the comment. It was pointing out that if they only have AGI to go by and no other information, the interest rate on a loan will be much higher, because even with AGI data, that's not enough to know that the borrower is going to pay reliably.

> Further, I don't think there's any need at all for laws for this as you suggest...

Commenter was actually not suggesting this either. It was a sarcastic question intended to point out the folly of assuming we can just create laws to fix market forces.