How Credit Dictates Modern Life Since lenders can’t know each of us personally, they needed to find a way to grade us in order separate the trustworthy and non trustworthy among us. This was the birth of the credit rating agencies such as Equifax and Experian, their job is to assign a score to each one of us that is old enough to get credit.That credit score has another unintended purpose however; it also represents your...... Similar Editorial : by Jeff Prevatt, PhD. | Source : Credit Bureau Score