Just stop using a number as something to autehticate people with, it is just stupid.
But to carry it out, you gotta get people to buy into your bullshit, by like getting a usurious credit card to "build up your credit", only to max it out before getting fired at the start of an economic depression. Then the point system you put so much faith into says you're a complete piece of shit and says you need to pay much more interest on your mortgage, can't get a card at work, shit like that.
How come the spreads are so high, you get 1.01x on savings (actually .93x right now) but have to pay 1.2x interest on credit card because "it's so convenient?" It's not fucking convenient, they get you to use it by stealing from the merchant and giving you 1% of your spending. That's theft no matter what law says otherwise.
They should force card companies to at most square the interest and receive deposits at the square root at which they lend. Want to charge 21% interest on debt? Fine, but then you have to pay 10% on deposits. No matter how many people want to deposit money at 10% interest with you, if you want to charge 21% interest annually, you have to let all of them deposit their money with you and better come up with the money. Even if the Norway Sovereign Fund wants to park all their money with you, meaning you have to come up with 100 Billion a year for their interest, if you want to charge 21% interest for anything, too bad.
Maybe instead of charging interest, charge fees, or if there's a high chance of default, start at a higher principal. Banks generally want as their only goal the highest possible interest, so they rejigger the math. Badly, they're incompetent mathematicians. It's disgusting.
Credit rating agencies you generally can't them to cooperate with anything, they think of the public as chattel, it's disgusting. They hold dearly onto made up shit, like what patio11 said about a problem from before he was birth, and close their ears and lalala if you try to call them to fix it. They're flat out disgusting, money is the root of all evil those credit rating agencies are in the center of the pentagram. Literally fucking Satanic, demonic.
I do remember when using them that it's a loan I'll repay shortly, and not free money.
I just consider it a trap for some moment when you are up against strife, like some tragedy, or you're traveling. That's a great way to get deep into debt right there, especially if you're renting a car, that's why everyone pushes you into traveling (credit cards spesh, double miles on the plane, cover you getting chiseled supposedly, need them to rent a car) and why I flat out refuse to travel. Like I can take the subway to a pretty park, there's so many, or go for a walk any direction I choose, no waiting for anything. I speak two many languages as it is, the fuck am I going to go to uh, ¡Singapore! as though it were at the bottom bottom bottom any different than Santiago from the tourist angle. Take photographs of what?! Like cool buildings yeah but $4500 plane ticket not including the enormous damage to my spine of that seat for that amount of time, flying coach obviously. And dealing with a chiropractor douche for the rest of my life.
I mean really? Like you'll find yourself in Singapore, or Islamabad, or Casablanca. Or Dubai, craven debt machine right there. Plus like everything that credit cards are for are basically harmful things. Like a car, or a medical emergency (frequently a scam, and if you can't pay they don't bother malpracticing on you in order for you to need their shitty grudgingly delivered treatment), or what else. Renting a hotel room to FUCK, for what else? Well one thing, if you get evicted you have somewhere to go. And then what you use it for, which is to get 1% or 2% back (or 3% back for some shit, I correctly assume that's why you have 5, different points rewards). It's not 3% back for ANYTHING, that's THEFT. If I am cornered brutally into having a credit card I will tally those small "cash back" shits of points and give that money right back to the store. It's theft, it's THEFT, I don't care if every article in the Bill of Rights is exclusively dedicated to saying it's not theft it's THEFT, you're stealing from Christians, in your case you're stealing from me ultimately, for refusing to participate by either paying or receiving compound interest.
And that's why they make it 1% or 2%, so you don't say "Hey I'm stealing from Daniel Cussen" (or any Christian) you say "it's just one percent, it rounds down to nothing, good little bonus at the end of the month. Cash back." Dude next time I'm at the teller I'm going to ask her 2% cash back for not paying with a credit card, see what she says.
See! Told you it's stealing!
I cannot remember my own SSN. What happens if I lose my license, SSN, and master password manager password in a fire? What happens if someone has a stroke and forgets a recent pin code, etc.
Do I go to my state and request new IDs? How do they authenticate me?
E.g. I have an eID card. The gov can reset the pin. There are procedures to request a new one. Therecare revocation lists. Fake eIDs are rare. Its not perfect, but it works great compared to the USA.
The real problem is a semi religious fear of the US governement having working ID systems. So there are all kinds of half baked substitutes in use, that barely work and push the trouble on the end user. ID theft is a solved problem just about anywhere, if the US wants it, it can solve it too.