However, the website of Colorado State Senate Majority Leader Morgan Carroll states, as part of her first priority for the 2013 legislative session, “Efforts to ‘Buy Local’ will strengthen our local economy and addressing the misuse of credit scores in hiring practices will help many unemployed people get back to work.”
There is no misuse, of course, because there is no use, at all.
That refers to a study by an organization named Demos, whose representative testified (with impressive detail) in Connecticut: “And it really just depends on the method through which the employer gets their credit scores. A lot of times they come bundled with background checks, for example, and that’s part of the reason for the proliferation.”
The legislation under consideration in Connecticut that day became law, too.
From: Greg Fisher [mailto:email@example.com] Sent: Friday, April 26, 2013 11:47 AM To: Brad Lander, councilmember, Democrat, District 39, city of New York Subject: credit score, employers, New York City Council, Int 0857-2012
Despite my explanation to you that employers do not use credit scores, your literature is still inaccurate.
Pages on your website state: “Brooklyn City Councilman (D-39) Brad Lander talks about a proposal he’s co-sponsoring to ban the use of credit checks during hiring in New York City. Plus,Emmett[SIC] Pinkston talks about how his credit score disqualified him for a job with the Transportation Security Administration two years ago.”
Further, Mr. Pinkston said no such thing.
Make a clarification now.
The Credit Scoring Site creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
Your website states: “About 25.5% of consumers — or 43.4 million people — had credit scores below 600 in April, according to FICO Inc. Historically, only about 15% of consumers — or 25.5 million — have had scores below that level, FICO said.”
Video website YouTube now has an advanced feature that enables users to create playlists that do not play entire videos. You can configure the in and out points of videos that you include in a playlist, and leave the other parts out.
In other words, a viewer can watch a sequence of segments of separate videos without doing anything, as the playlist automatically jumps from video segment to video segment. After adding a video to a playlist, the playlist creator can adjust “the start and end times.” There is a 15 second minimum length for each segment.
Here is an example of this function. Employers do not use credit scores because they cannot even get them. However, that fact doesn’t stop anybody from flap-yapping scary misinformation. Today, there are 7 videos in this playlist. It jumps right to the place in the video that is relevant, plays only the few seconds that are relevant, then jumps to the same in the next video. Watch below, on this website, or watch on YouTube.com to see the videos play on the individual pages of the creators. The creators of those videos are out of control and should take responsibility for their errors. See the messages to some of them elsewhere on this website.
This situation has existed for years. It is pathetic.
From: Greg Fisher [mailto:firstname.lastname@example.org] Sent: Friday, April 19, 2013 9:52 AM To: Jerry Healey, owner and publisher, Colorado Community Media Cc: Todd Hauer, senior vice president, wealth advisor, Morgan Stanley Subject: credit score, credit utilization definition
You published this about one of the five categories of data in the FICO credit score formula:
Credit utilization. Credit utilization is defined as the total debt you have divided by the total available credit that is available to you. High credit utilization can be a warning sign of credit risk.
In an editorial, you published, “But the proportion of people with poor ratings — credit scores under 600 — has grown from about 15 percent in the years before the recession to about 25 percent in 2011.”