creditscoring.com
Video 1: 3021 views in 2 years
Video 2. 396 views in 6 months
The Young Turks
“Should Employers Check Credit Scores?”: 13,142 in 4 days
“The Young Turks” host said, “So, who gives a damn what their credit score is?”
The consumer reporting agencies all state that they do not provide credit scores for employment purposes.
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Tuesday, October 18, 2011 4:17 PM
To: Ana Kasparian, co-host and producer, The Young Turks
Cc: Cenk Uygur, host, The Young Turks
Subject: credit score, employers, The Young Turks
You said, “They’re specifically targeting TransUnion, which is a privately owned company that gives employers access to credit scores.”
However, TransUnion stated, “There’s no such thing as a credit score in employment.”
What is your correction policy?
—
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
From: Greg Fisher [greg@creditscoring.com]
Sent: Tuesday, October 11, 2011 2:28 PM
To: Philip Anschutz
Subject: credit score, employers, examiner.com, wallow in economic despair
You published these sentences:
“All over the United States, employers continually discriminate not only because of age, gender or race they now use credit scores, religion, and even being unemployed as reason enough to keep one from landing a job.”
“It wasn’t until around 2000 that credit scores were actually becoming more of an issue in terms of eligibility for securing employment.”
“So, if a person falls behind in just one utility bill for example there[SIC] credit score suffers and so does that person’s ability to secure either a better job or just to get a job.”
“All because of the employer sets the criteria for employment not really based on ones[SIC] ability, experience, or knowledge on how to actually do the job, but solely based on a credit score.”
“Until a national awareness that any form of discrimination whether it is age, sex, religion, race, a low credit score, or just being unemployed deters real economic growth by allowing employees and prospective employees the ability to have access to gain mobility up the economic ladder the United States will only continue to wallow in economic despair.”
The consumer reporting agencies do not sell credit scores for employment purposes.
What is your correction policy?
—
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
An Unexpected Error has occurred.” – myFICO message board
It’s back (unfortunately).
TIME (indeed, with the help of Fair Isaac) helps it along.
And, a CreditCards.com story titled “8 Quick Fixes for Your Credit Score” states:
If there are problems like late or missed payments on your credit report, it can sometimes pay off to ask your card issuer for a ‘goodwill adjustment.’ This is especially true if you have good credit and you otherwise have been a model customer. Write your card issuer to ask – you may be surprised by their answer.
Writers will be writers, but here is something even more confounding. A former Fair Isaac executive and witness to Congress makes a similar suggestion on Credit.com:
Matt may try and work with the lender to see if they will delete the judgment if he satisfies it in full (this is sometimes referred to as a ‘pay for delete‘ agreement), but there are no guarantees the lender will agree to that (and there is no requirement they do so).
Try the “GW LETTER” hyperlinks on the page Goodwill adjustment – Influence: Media, lying that used to lead to myFICO message board comments about the so-called goodwill adjustment (lie). The links no longer work.
A myFICO forum contributer wants to keep it quiet about the lying:
It’s fine to have one-off success stories here and there and various contact info scattered across many posts. However, creating a single ‘database’ that broadcasts creditors’ willingness to provide GW adjustments may actually be counter-productive and discourage creditors from granting this nicety. Remember, anyone can read these message boards.
Whoops.
It’s high drama at high noon at American Public Media and the demure New York Times.
JohnUlzheimer.com takes on A.WholeLottaNothing.org later today on APM‘s Marketplace Money. Pay close attention to another example of the type of report in question, and compare it to the one in part 2.
So, in “What’s hurting your FICO score,” if that is number three in order of impact, then what is number one?
Make some popcorn and listen in.
—
9/30 update: http://marketplace.publicradio.org/display/web/2011/09/23/mm-are-credit-scores-fair/
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Wednesday, August 24, 2011 12:46 PM
To: Pia Chatterjee, public relations manager, HubPages
Subject: credit score, employers, HubPages
See this message and your response at https://blog.creditscoring.com/?p=2417.
You published, “Being denied a job based on a credit score is not uncommon, especially if the position requires employees to handle customer personal information such as credit card numbers.”
Asked for your source, your writer said: “Wow. Are you actually getting feisty over this? Ask Carol Biaggi, she says it in the youtube video. My company does check.”
However, in the video, Ms. Biaggi says, merely, “Your credit can be the difference between getting or not getting that mortgage, car loan, credit card, or even that job you want as even employers are looking more and more at credit history.”
Your writer does not name her company.
The consumer reporting agencies do not provide credit scores for employment purposes. Indeed, elsewhere, one of the people in the video on your page even calls it horribly false, and the myth of the decade.
What correction will you make?
—
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
First, Experian gets blasted by a U.S. senator and the FTC over its goofy FreeCreditReport.com ads.
Next, in a brilliant, original marketing strategy, Experian creates a whole new thing (with another band) at FreeCreditScore.com.
Then, on August 9, from its FreeCreditScore.com Twitter account, Experian tweets
http://mashable.com/2011/08/09/lin… to help get you closer to that job offer (the one that requires a background check complete with credit score!).
[direct link to the Tweet: http://twitter.com/#!/FCSdotcom/status/100998248868741120]
Meanwhile, John Peace, the guy in charge (who just passed the second anniversary of his resignation), is knighted.
Journalists, news organizations, bloggers (at least the ones with guts)–here’s your chance. Your question for Experian: What job offer requires a credit score?
Ask it, and then just step back and let the fun begin!
But wait, there’s more. And, even more. And more, still.
@Experian_US (John Peace [alt 8/14/12], the sheriff of Nottingham) wants to insert himself into the conversation, but does not respond.
His shiny, new, search engine-friendly, $200-million CreditReport.com says, “Not all employers pull an applicant’s credit history or place tremendous weight on it, but individuals working in government or financial roles can expect their credit scores to be a factor.”
However, Experian also says, “No, Experian’s business policy prevents the inclusion of credit scores with an employment report, at Experian called Employment Insight.”
So, apparently, somebody related to government is beaking the rules.
Follow the one-way conversation.
