I suspect part of the design of the American credit score system is to make it harder for people to move their money and business elsewhere, because when your account history is shorter, your score is lower. And when you close accounts, that dings you too. So financial institutions basically have no incentive to treat customers well.
Originally posted on 2021-04-10 at 19:53 via https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A6786737828157112320