Email didn’t work. Calling for his resignation didn’t work. An overnight train trip to his office didn’t work. And now, in this month’s edition, in an unsubstantiated screed by its president and CEO, Consumer Reports magazine misinforms consumers about credit scores again.
James Guest writes, “The score that lenders really use may factor into your chances of getting a car loan, a mortgage, or a job, and into what you’ll pay in interest, as a deposit for rent and utilities, and, in many states, for insurance.”
Five years on, as the truth implodes in statehouses, this strange chapter is more fascinating than ever. Get the history, and read the story about Consumer Reports (and the governor of the State of New York) on the Credit Scoring Site.