Archive for February, 2010
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 [...]
Equifax: We’re the only one
From: Greg Fisher Sent: Monday, February 22, 2010 12:16 AM To: Tim Klein, vice president, public relations, Equifax Subject: credit score, FICO, Equifax, exclusivity Richard F. Smith, chairman and chief executive officer Equifax, Inc. You write, “The FICO Score is the most commonly used scoring model among lenders, and Equifax is the only major credit [...]
Reuters blogger: FICO says employers use credit scores
Fun feedback loop Selling its score, FICO cheerfully says that employers use credit scores (occurs at :47 in the video). Consumer reporting agencies claim that they do not sell credit scores to employers. Ben Stein says that employers use credit scores. Felix writes about Ben Stein. creditscoring.com writes about Felix writing about Ben Stein. creditscoring.com blog comments [...]
credit score, employers, KXRM-TV Fox 21, Colorado Springs
From: Greg Fisher [mailto:greg@creditscoring.com] Sent: Friday, February 05, 2010 2:05 PM To: spytlinski@kxrm.com Subject: credit score, employers, KXRM-TV Fox 21, Colorado Springs You wrote, “Your credit score can help or hurt you every time you apply for a loan, buy car insurance,
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 [...]