Archive for the ‘Enough to be Dangerous’ Category
What is THE average credit score?
Last month, in what seemed like a big scoop over its rival news agencies, the Associated Press reported that, now, 25.5% of Americans have FICO scores below 600. But, the score model in that report is a new score, FICO 8 (BEACON 09), which is not sanctioned by the two big housing finance agencies, nor even the [...]
Illinois governor: Employers use credit score
The national consumer reporting agencies all state that they do not provide credit scores for employment purposes. In spite of that, as Governor Pat Quinn of Illinois signed a bill into law, he used the word “score” twice. State Senator Don Harmon piled on. Quinn (2:23): “… will not allow employers to use credit [...]
Employers use credit scores meme in blogosphere
A blogger with a dark fantasy, one of Fortune’s top 25 most influential liberals in U.S. media, and scores of duped blogosphere commenters come together to further the employers-use-credit-scores meme. Creditscoring.com ventures into the social media audience. How will it end?
WCBS says it again about credit scores and employers
The consumer reporting agencies all state that they do not provide credit scores for employment purposes. In 2008, WCBS reported that employers use credit scores: Now, in 2010, they do it again. Real journalists make corrections. See the headline using the word Now: “Employers Now Checking Credit Scores Of Applicants” (after they said the same thing [...]
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 [...]
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 [...]