Comment by serjester

Some of these seem fairly reasonable. Is it not fair to pay a premium if you tend to return a lot of items. It costs the store more money? If you have friends with "bad" backgrounds there's clearly direct correlation between that and loan risk. Is this any different from how loan officers operated for all of history? Yes these create biases but are these biases justified?

With that said there's definitely a problem with how some of this data is used (ex: deliberately designing apps to be addictive). I'm just not a fan of blanket statements for / against data collection. There's a balance to be had.