Archive for the ‘Experian’ Category
Average FICO credit score missing
Just when Wikipedia gets its act together, the average FICO credit score goes missing.
In the first story of Two and Two (a new section on creditscoring.com), questions are posed to FICO. The median, the mean, the CEO, and an absent Experian all play their parts.
Things just don’t add up. How is America supposed to know where it stands? Is [...]
Experian: Employers use scores, but we don’t provide them to employers
Experian told John Ulzheimer what is not in employment reports. One of those things is “Credit score (read that again please….credit score is not included).”
However, the consumer reporting agency still maintains, “Credit scoring helps potential lenders, landlords, and employers quickly gauge an applicant’s credit history.”
Experian chairman John Peace got some of it right before his big [...]
Enough to be Dangerous: CreditCards.com
Recently, Experian (”the leading global information services company”*) announced that it and CreditCards.com “will co-host a live, interactive, online town-hall discussion of credit reporting and scoring.” CreditCards.com made the same announcement, replete with countdown clock to the exciting event.
Experian’s newfound public outreach/reach-out for goodwill follows the drubbing it took at the hands of Congress and the FTC regarding [...]
mint.com and Experian - strange bedfellows
See if you can follow this.
The players
The Consumerist, a former property of notorious Gawker Media, is now owned by Consumers Union, publisher of Consumer Reports. The move is nearly inexplicable, but, apparently, CU thinks that that is how to get young and hip. But there is a firewall. A new entity, Consumer Media LLC, houses The [...]
Experian’s sloppy work
Experian continues to sell credit scores saying that employers use them, while stating that employers do not use them.
They just don’t pay attention (too busy preening for the camera and creating bizarre advertisements).
While waiting for Experian to blink, see some other screw-ups by the British:
“Credit scores represents your creditworthiness and indicate the likelihood [...]
A senator, credit scores, losers and fake guitar playing
The lyrics to FreeCreditReport.com’s latest ditty:
Wanted to get myself a new cell phone
So I could hear myself at a ring tone
Who knew the store would go and check my credit score?
Now all they let me have is this dinosaur
Hello? Hello? Hello? Can anybody hear me?
I know. I know. I know. I should have gone to
FreeCreditReport.com
That’s [...]
Countdown to when Experian removes statement about employers using scores
Return here to find out when Experian removed its statement that employers use credit scores.
Here is the statement:
“Credit scoring helps potential lenders, landlords, and employers quickly gauge an applicant’s credit history.”
At the bottom of the page Experian implores, “Contact Us - If this doesn’t answer your question please contact us.”
By all means, contact them.
The domains [...]
What is a credit score?
What is a credit score? gives consumer reporting industry and federal government definitions for the term credit score.
Experian: 15 definitions on 7 websites. Takes the prize for the most shelf space and elegant variation.
Equifax: Among others, gives the FICO score definition. Discord with TransUnion over what period FICO predicts.
TransUnion: Typographical error in FAQ.
FICO (the artist formerly [...]
Experian on credit scores and employers, 2006
In its November 1, 2006 advice column, Experian wrote: “An employer wouldn’t necessarily receive a credit score with the credit report. That would depend on its policies and procedures.”
In 2007, Experian said: “We do not score for employment reports… If you chose to do that, I think you would be breaking the law.”
In 2008, Experian [...]
US government spoofs Experian
“As seen on TeeVee!”