Who renamed the BCFP the CFPB? II

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Wednesday, November 28, 2012 2:03 PM
To: Moira Vahey, spokesperson, U.S. Consumer Financial Protection Bureau
Cc: Richard Cordray, director, U.S. Consumer Financial Protection Bureau (via press office); Mallory McLean, press assistant, U.S. Consumer Financial Protection Bureau
Subject: RE: Who changed the name of our Consumer Financial Protection Bureau?, utilization ratio advice

Your website states, “Experts advise keeping your use of credit at no more than 30% or less of your total credit limit.”

You must be citing alleged-credit score experts from the credit card industry.  What experts gave that advice to get and keep a good credit score?  Name at least two.

Here is mine:

  • Fair Isaac, the FICO score company, states, “The more you owe compared to your credit limit, the lower your score will be.”
  • A person who pitches scores for Fair Isaac on its website stated, “The FICO brain trust says there is no specific number that qualifies as a ‘good’ ratio, just that lower is always better.”
  • In describing traits of those who Fair Isaac deems “High Achievers,” the company claims that those people use “an average of 7% of their available revolving credit.”

http://creditscoring.com/creditscore/fico/factors/creditutilizationratioadvice.html#zero

http://www.myfico.com/fico-score-high-achievers-infographic.aspx

And, please answer Monday’s question.  I’m with the media, and I’m on deadline!  The law says that you are to be known as the Bureau of Consumer Financial Protection, and you are doing everything you can to be known as something else.


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

 

Who renamed the BCFP the CFPB?

Hold up your mirror to the beam of light

CFPB flashlight logowww.bcfp.gov leads to the so-called Consumer Financial Protection Bureau. However, the agency’s name starts with C, not B.

Or does it?

A clue to this mystery could be this: A whois record indicates an IP location of Cambridge, Massachusetts even though the CFPB is a U.S. federal regulator located in Washington, D.C.

What in the world is going on here, citizen?

See “Who changed the name of our Consumer Financial Protection Bureau?” at creditscoring.com, The Credit Scoring Site.

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Monday, November 26, 2012 3:01 PM
To: Mallory McLean, press assistant, U.S. Consumer Financial Protection Bureau
Cc: Richard Cordray, director, U.S. Consumer Financial Protection Bureau (via press office)
Subject: Who changed the name of our Consumer Financial Protection Bureau?

Who changed the name of our bureau and when did they change it?

http://www.creditscoring.com/influence/government/cfpb/name-changed.html


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

 

TransUnion, what is a credit rating? Zen & coffee w/Audrey

CoffeeCup - HTML and Web Design SoftwareThe home page of TransUnion’s website zendough.com leads to a very mysterious place:  Omaha!

See What is a credit rating? Halloween, 2012 – Credit scares: Various definitions of a loosely used term”

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Thursday, November 01, 2012 12:39 PM
To: Clifton O’Neal, senior director, Corporate Communications, TransUnion
Subject: credit rating, TransUnion

Ask Audrey
Credit Columnist
TransUnion

Dear Audrey:

What is a credit rating?

I’m on a quixotic journey to find the meaning of that term.  On your Q&A web page titled, “Debt management, credit counseling and credit rating | TransUnion,” you fail to use the term credit rating your answer.  In another instance, using the definite article, you refer to the credit rating, as if it is some specific thing.

So, how do I get my credit rating?  I’d love to see it.

But, before you answer those questions, could you explain why your subdomain http://video.zendough.com leads to a website about coffee?  Are you renting it out to make some extra cash?  Is everything alright?


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

PS:  BTW, who does that rendition of “The Coffee Song”?  That one and Frank Sinatra’s make me want a cuppa right now!