Archive for the ‘experts’ Category
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 [...]
Good Morning America says credit score key to job
Meanwhile, the consumer reporting agencies all state that they do not provide credit scores for employment.
Enough to be Dangerous: U.S. Bank and PrivacyGuard
To: Steve Dale, senior vice president, Media Relations, U.S. Bank
From: Greg Fisher
Date: April 29, 2010
Subject: Fake-O FICO Funk, U.S. Bank
You state, “Get your credit report and FICO score online now, plus have your report monitored for signs of identity theft.”
However, the credit score that I received by using your link was not a FICO score.
What [...]
Credit dude on hiring and credit scores, Des Moines Register
To: Matt
From: Greg Fisher, creditscoring.com
Date: April 29, 2010
Subject: credit score, employers, Des Moines Register
You said: “Know your credit score. Many employers today take your credit score into consideration when determining if you are the right person for the job.” However, the consumer reporting agencies do not provide credit scores for employment screening.
You are at the top [...]
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 [...]
credit score, employers, Center for Responsible Lending
From: Greg Fisher
Sent: Tuesday, March 30, 2010 10:51 AM
To: julia.gordon@responsiblending.org
cc: drshow@wamu.org
Subject: credit score, employers, Center for Responsible Lending
In response to Diane Rehm’s question about credit score use in pre-employment screening, you did not disagree with the premise: Employers use credit scores.
What evidence suggests that employers use credit scores?
What is the name of an employer who uses [...]
Credit Karma suggests having creditors lie to credit bureaus
Credit Karma CEO Ken Lin says that if you don’t like your credit history, just make one up.
Yesterday, the ABC News NOW interview subject said to beg your lender to change its report to the consumer reporting agencies about you to something more positive. Lin thinks pestering the bank helps, too. “You might want to [...]
Impossible zero credit score: Ulzheimer 1, Ramsey 0
Exploding Dave Ramsey’s Zero Credit Score Myth on Ramsey’s Home Turf
Following the Credit CARD Act becoming effective, Credit.com’s John Ulzheimer appeared on the FOX Business Network (”the only business network in true high definition”) this morning in a segment called “Tips for Boosting Your Credit Score.”
Cross-promoting “financial expert” blowhard Dave Ramsey, anchor Brian Sullivan referred to his colleague saying, snarkily, “I am sure [...]
Cub reporters document employers saying they use credit scores
Recently, a Reuters blogger said that the CEO of credit score company FICO told him that employers use credit scores.
But despite FICO’s claim and the rest of the hoopla, only two employers have admitted it.
A Virginia television station obtained video footage of a credit union representative saying “Being a financial institution we have a set [...]
Media depiction, credit score use, employers, CBS, Dallas
Consumer reporting agencies Equifax, TransUnion and Experian all state that they do not provide credit scores for employment screening.
Despite that, the anchor at the CBS-owned television station in Dallas asks the financial expert and analyst to explain it all to us:
It is today’s #1 hit in Yahoo News for the term “credit score” (complete with [...]