The divide between social and economic classes is greater than ever. How can we ‘connect the classes’ and bring people together?
What if we recalculated the formula for an individual’s FICO score to include their social contributions? The TRUE score would give lenders a more complete picture of overall worth and impact on society. Imagine being able to get a loan based on all your hard work volunteering at the local shelter, or the charitable donations you’ve made throughout the year. The TRUE score evens the playing field and provides an incentive for giving. Transitioning from the FICO score to the TRUE score would be a small step toward redefining net worth and encouraging an altruistic society.