Is rating the creditworthiness of all New Zealanders a good idea?

Credit cards from various banks. Photo / supplied

All New Zealanders are to be assessed for creditworthiness under a new system the country's biggest credit agency is launching.

The scoring is worked out from a person's credit report, which contains information about how many times they have applied for credit and whether they have defaulted on debts or been bankrupted.

Is rating the creditworthiness of all New Zealanders a good idea? Here is the latest selection of Your Views: