For many years, the FICO score has been the dominating factor when it comes to banks lending. But recently, banks are starting to look at alternative ways of how they qualify people for lending, pretty much eradicating the use of the FICO score. With the lenders moving away from the FICO score, they will be relying on their own data to mitigate risk to borrowers and have their own perquisites before lending. So in this video we take a look at what could potentially happen and also dig into some nefarious stuff that one bank in particular is making things look into social credit….