Category: TransUnion

Jeff Bewkes, Time Warner

This is a civics lesson directed squarely at you. If a shadow audience reads it, that’s gravy.

See “Labor Day, 2013 – CNN and the myth about employers and credit scores.” In it, I make the point that your reports of American history and credit scores are factually incorrect. Your websites state that Mitch McConnell is the majority leader of the U.S. Senate. That is not true, and further, it has never been true. While a fine man, Senator McConnell (R-Ky.) is Minority Leader. You can see that plain fact on the Senate’s official history page, “Majority and Minority Leaders and Party Whips.”

You also state that employers use credit scores, and that is not true, either. That fact was a lot harder to prove (and took 5 years; proving that something is not is a lot harder than proving that something is) than the fact of the senator’s position, but there isn’t much debate about it now. If there is debate, your side loses. Hell, you even seem to argue with yourself, publishing, in 2011, “It’s important to note that employers can’t actually see your three-digit credit score,” and then, in 2013, “Insurance companies, landlords, and employers are increasingly checking credit  scores, too.”

Blame VantageScore if you want (actually, that would be a good thing–the more, the merrier), but the CEO of that relatively new gambit of the consumer reporting agencies doesn’t have his act together, either. You are birds of a feather: Too quick on the Publish button, and oblivious.

Despite the proof above (and your having been informed), your pages still make false claims. In addition to those listed on the Labor Day page, here are more examples of you stating Senator McConnell’s title inaccurately. Please, for the sake of the United States of America, stop it today. If you do nothing, this merciless berating will continue.

1. “DNC ad aims at ‘plotting’ by McConnell“
2. “CNN’s GUT CHECK for March 14, 2013“
3. “Repeal health care law? Forget about it“
4. “SOTU Crib Sheet 3/3“
5. “Reid Yanks Senate Contingency Plan as House Takes Lead in Debt Talks“

And, on the following pages, you published the statement that employers use credit scores. Employers do not use credit scores. I looked into it. The first three stories are dated after April 24, 2008, the date that–within days of the other two–the third of the three main national consumer reporting agencies stated that they do not provide credit scores for employment purposes. The second three are dated prior to 2008. If, by some great miracle (or act of journalism), you come up with evidence or sources, please provide them today. Had you done so in the first place, we would not be here, now.

1. “MYB: Your credit score could prevent you from getting a job – Christine Romans explains” (2013)
2. “Employers are looking at candidates credit scores. Be wary.” (2010)
3. “Settling the credit score” (2008)
4. “How to ace your credit score” (2007)
5. “8 credit score myths” (2005)
6. “Credit score myths” (2004)

There are other myths that need attention, but if this does not compel you to make corrections, there is a much bigger predicament. Not only is what you are doing wrong in terms of accuracy, it is wrong, ethically. Because of this fundamental problem, we don’t have a well-informed electorate (let-alone a well-informed legislature). Truth is in the balance.

Despite your mass-media megalomania and prolific uploading, there is still hope. But, your action in this moment will stand as a fact of history. Don’t let it slip away.

The propagation of this myth has serious consequences. Today, before you publish another word, make it stop.

No interviews.

Greg Fisher
The Credit Scoring Site (creditscoring.com) – A bleak account
Page A2 (pagea2.com) – Media accuracy, errors and corrections
greg@pagea2.com

cc: Jeff Zucker, CNN
cc: Joseph A. Ripp, Time