Most tech solutions are built on the problems they created. This includes phones, cars, computers, every software upgrade, and almost every electronic gadget. You are forced to use them because the world around you is no longer compatible with the way of life that was before the introduction of these tech.
Similarly, phones are required now for some activities, like online banking. First it was an option, then it became the norm.
See https://en.wikipedia.org/wiki/General_Motors_streetcar_consp...
Court records are public in the US. If creditors want to know if you’ve been in financial trouble, they should check for bankruptcies and lawsuits, not the extrajudicial version of those that the credit reporting companies run based on hearsay.
It’s not better in all ways, of course, but the alternative is not “everyone gets cheap credit extended to them” but rather “people who rich people know and trust get cheap credit extended to them, some others get more expensive credit, and some get no credit extended”. It’s not obvious to me that that’s better.