That’s sounds actually quite reasonable. Of course you always have people who fall through the net but that is the same here.
I don’t think we have credit reports here, at least I’ve never heard of it and it sounds like a privacy issue.
But ya so back to the original topic, if it’s only 300 usd then that’s the same here pretty much for an average income. So the income over there is still crazy high for devs.
I should add that where I worked was a startup and it’s uncommon to earn so little, and actually what that company did was illegal and they ran into issues with the law later.
Worst kind of jobs here pay like 15 an hour, and for devs it’s a lot more of course.