credit score, number of accounts, America Now, Raycom Media, Leeza

From: Greg Fisher []
Sent: Thursday, August 09, 2012 10:19 AM
To: Leeza Gibbons, famous person
Cc: Paul McTear, president, CEO, Raycom Media; Ryan Houston, reporter, WALB TV, Albany, GA, Raycom Media; Rebecca Bryan, vice president, corporate counsel, Raycom Media
Subject: credit score, number of accounts, America Now, Raycom Media

You introduced a report whose associated document states:

You know all those ways you’ve heard for improving your credit score? Some of them may be bad advice.

So we’re out to bust those credit myths and put you on the right track to building better spending practices…

Having more or fewer accounts will improve credit? False.

There’s a happy medium for the amount of credit you have. Too many accounts makes you top heavy. That creates more risk. Your credit will reflect that.

In addition to the obvious contradiction, one of the factors of a credit score is “Number of established accounts.”

What is your correction policy?

Greg Fisher
The Credit Scoring Site
PO Box 342
Dayton, Ohio  45409-0342