What's coming is an Americanized version of the Chinese social credit rating which takes into account not just your history of making payments but everything else to build a psychographic profile to determine how much of a credit risk one is. This will pose many problems from inherent bias, conclusions based on faulty assumptions, and unanticipated consequences far beyond the initial design scope. Yes, it will allow for efficient FinTech business processing but at the cost of our humanity and possibly much more.