Popular message board pretending to be an encyclopedia Wikipedia added a link to a source using an unattributed claim this week.
In its article Credit score, Wikipedia listed the paper, “Your Credit Score Is a Ranking, Not a Score,” an item in the Federal Reserve Bank of Cleveland publication “Economic Commentary.”
The first sentence of the November 16 paper states that credit scores are used in hiring decisions. However, the consumer reporting agencies all state that they do not provide scores for employment purposes. John Ulzheimer of SmartCredit.com calls it the myth of the decade.
To drive home the notion, the Federal Reserve even created a video containing a depiction of a job application. The paper’s author, a Federal Reserve spokesperson and the chairman have not responded to a request for evidence supporting the claim. The central bank did not mention creditscoring.com again.
The Wikipedia user who added the link has also contributed to the articles Bubble Tea, Play-Doh and The Ambiguously Gay Duo. Last week, creditscoring.com published “Groundhog Day, 2011 – Wikipedia on credit scores.”
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