Newspaper monetization

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Friday, April 19, 2013 11:39 AM
To: Strange Logic North America
Subject: Chronicle of a myth

You further a myth by writing, “To an employer, a bad credit score may be seen as a lack of responsibility or poor decision making skills and cause them to put up a stop sign for hiring.”

Meanwhile, the San Francisco Chronicle runs advertisements on that page containing that falsehood.

Name one employer who has ever used a credit score.  If you cannot, tell me what you are going to do to counteract the myth that you perpetuated.

What is your name?


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

PS. Extra points for promptness.  Act now.

 

Hearst Corporation correction policy: “promptly;” ValueClick / Investopedia

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Wednesday, March 14, 2012 10:26 AM
To: George R. Hearst, Jr., chairman, Hearst Corporation (via Lisa Bagley)
Cc: Shauna Carther, VP, Content, Investopedia, ValueClick; Martin T. Hart, chairman, ValueClick (via Rachel McDonald, CPA, sr accountant & Public Relations specialist); Martin T. Hart, chairman, ValueClick ( via John Ardis, VP, Corporate Strategy); Stephen Proctor, managing editor, San Francisco Chronicle; Public Relations department, ValueClick ; Press office, U.S. Consumer Financial Protection Bureau
Subject: RE: Hearst Corporation, publishing inaccurate information II

People in Canada exhibit a lack of comprehension regarding credit scores in the United States.

Neither employers nor “potential employers” have access to credit scores.  Credit scores are not credit reports; one is a document, and the other is merely a number.

What is your definition of “promptly”?  You continue to display advertisements on a page containing misinformation.  Please use any ill-gotten gains to pay someone to make the correction now.


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

 

 

From: Shauna Carther [Investopedia]
Sent: Tuesday, March 13, 2012 5:19 PM
To: greg@creditscoring.com
Subject: FW: Heast Corporation, publishing inaccurate information

Dear Greg Fisher,

After reviewing our article and a reputable source, we’ve decided to clarify our statement to read “potential employers” rather than “employers”.

See: http://www.consumerfinance.gov/wp-content/uploads/2011/07/Report_20110719_CreditScores.pdf

Page 3, I.A “Consumer files are used to produce reports that the CRAs provide to creditors, insurance companies, potential employers, and other users.”
CS3 – The impact of differences between consumer- and creditor-purchased credit scores. (2011, July 19). Retrieved from Consumer Financial Protection Bureau.

Regards,
Shauna

[previous email]

 

Hearst Corporation, publishing inaccurate information

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Monday, March 12, 2012 11:17 PM
To: George R. Hearst, Jr., chairman, Hearst Corporation (via Lisa Bagley)
Cc: Stephen Proctor, managing editor, San Francisco Chronicle; Martin T. Hart, chairman, ValueClick (via Rachel McDonald, CPA, sr accountant & Public Relations specialist); Martin T. Hart, chairman, ValueClick (via John Ardis, VP, Corporate Strategy); Public Relations department, ValueClick
Subject: Heast Corporation, publishing inaccurate information

You published, “Mortgage lenders, auto loan companies, credit card providers, insurance companies, landlords and employers buy credit scores from credit reporting agencies.

Employers do not use credit scores, and this is not the first time you published inaccurate information about them.  Please provide your source regarding this urban myth so that they can be informed about their erroneous information, too.  Who is your source?

What is your correction policy?


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

Zillow and SF Chronicle believe Fed credit score info

Consumer reporting agencies TransUnion, Equifax and Experian all emphatically state that they do not provide credit scores for employment purposes.

Despite that, again, the Federal Reserve claims that credit scores are, indeed, used in employment.  Zillow and the San Francisco Chronicle believe it.

The first sentence of a Federal Reserve Bank of Cleveland commentary states, “Credit scores are used in nearly every part of our lives, from applications for car loans, mortgages, credit cards, and car insurance to even some hiring decisions.”