Month: April 2011

credit score, FICO availability, Associated Press

From: Greg Fisher
Sent: Friday, April 08, 2011
To: William Dean Singleton, chairman, Associated Press; William Dean Singleton (via Bernie Fischer, MediaNews Group), chairman & CEO, MediaNews Group
Cc: MSNBC.com; Candice Choi, personal finance writer, Associated Press
Subject: credit score, FICO availability, Associated Press

See this message and your response at https://blog.creditscoring.com/?p=1956.  

Your reporter wrote:

As background, lenders rely on two types of scores to gauge a borrower’s risk. FICO scores, which range from 300 to 850, are still the predominantly used scores. But VantageScores, which were developed by the three credit bureaus and range from 501 to 990, have gained popularity in recent years too.

The type of score you’ll get depends on where you buy it.

TransUnion sells both versions to consumers. Equifax only sells FICO scores and Experian markets the PLUS score on its homepage.

Where does TransUnion sell FICO scores?

If Equifax only sells FICO scores, then what is the Equifax Credit Score?

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

credit score employers myth, Advance Publications, Inc.

From: Greg Fisher
Sent: Thursday, April 07, 2011
To: S. I. Newhouse Jr., chairman and CEO, Advance Publications, Inc.
Cc: John P. Hiner, executive editor, Bay City Times (Advance Publications, Inc.); Matt Sharp, publisher, Bay City Times (Advance Publications, Inc.); Shannon Murphy, reporter, Bay City Times (Advance Publications, Inc.); Karen Rowlader, assistant director of Professionalism, Thomas M. Cooley Law School; Jon Switalski, Michigan state Representative
Subject: credit score employers myth, Advance Publications, Inc.

See this message and your response at https://blog.creditscoring.com/?p=1951.  

In an editorial, you published, “Checking credit scores is no longer a reliable or even fair way to rate job candidates.”

What evidence suggests that employers use credit scores in hiring decisions?

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

From: creditscoring.com
To: The Honorable Jon Switalski
Cc: Andy Dillon; Todd Heywood, Michigan Messenger
Date: 3/17/09
Subject: credit score, employer

You said, “If employers are allowed to continue using credit scores in hiring decisions, many hard-working people will be unfairly penalized.”

What evidence suggests that employers use credit scores in hiring decisions?

credit score employers myth, Consumerism Commentary

From: Greg Fisher
Sent: Tuesday, April 05, 2011
To: Luke Landes, founder, author, and CEO, Consumerism Commentary
Subject: credit score employers myth, Consumerism Commentary

See this message and your reply at https://blog.creditscoring.com/?p=1948.

You wrote, “FICO and FICO 08 are the most popular credit scores, but when lenders, landlords, employers, and anyone else checking your credit researches your score, they could be looking at any one of a number of scores.”

Who is your source regarding credit score use by employers?

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