Tag: NASDAQ

NASDAQ.com 1 click away from quiz containing myth spread by Kiplinger

After you read the NASDAQ.com story with the common title, “How to Improve your Credit Score,” the writer invites you to take her credit score quiz (titled with another tired cliche: “Do You Know the Score on Your Credit?”).  Then, she slams you when you give the correct answer to one of her quiz questions.

Question 2 is “A bad credit score could affect your ability to get a job.”

If you respond with the correct answer, “B. False,” a message in bold, red letters exclaims, “Sorry, wrong!”

The consumer reporting agencies all state that they do not provide credit scores for employment purposes.  The Kiplinger’s contributing editor is the same excited Today Show guest (at 5:15) in the creditscoring.com video of electronic media journalists spreading the employers-use-credit-scores myth. She’s been doing it for years.

For more about inaccurate information from NASDAQ, see https://blog.creditscoring.com/?tag=nasdaq.

credit score, employers, NSADAQ, Card Hub

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Thursday, June 23, 2011 7:41 AM
To: Odysseas Papadimitriou, chief executive officer and Founder, Card Hub
Cc: Melissa Rudy; H. Furlong Baldwin, chairman, NASDAQ OMX
Subject: credit score, employers, NSADAQ, Card Hub

See this message and your response at https://blog.creditscoring.com/?p=2213 and https://blog.creditscoring.com/?tag=nasdaq.

You wrote, “Decision makers from loan officers and mortgage brokers to car salesman and employers rely heavily on consumer credit scores in evaluating applicants.”

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

[attached previous message about NASDAQ]

[http://community.nasdaq.com/News/2011-06/4-reasons-why-you-should-use-a-credit-card-and-1-why-you-shouldnt.aspx?storyid=82037]

credit score, employers, CardRatings.com, NSADAQ, Fox Business, 2011-06-03

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Tuesday, June 21, 2011 12:43 PM
To: Melissa Rudy
Subject: credit score, employers, CardRatings.com, NSADAQ, Fox Business, 2011-06-03

See this message and your response at https://blog.creditscoring.com/?p=2198 and https://blog.creditscoring.com/?tag=trope-do-you-know-your-credit-score.  

You wrote:

Despite how easy it has become to receive copies of credit histories and credit ratings, most people remain ignorant of their FICO scores – and of how they affect the ability to secure a mortgage, open a credit card account, or even, in some cases, land a good job… The basic credit report that can be requested by mail for free shows your credit history and current debt. Although it enables you to catch any inaccuracies that may have been reported by a lender or to spot incidences of identity theft, it won’t include your credit score – the number that lenders, insurance agencies, landlords, cell phone companies, and even employers use to determine whether you are a reliable or risky prospect.

You said it twice.

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

credit score, employers, NASDAQ, 2011-06-13

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Monday, June 13, 2011 8:37 AM
To: JR Hevron, writer, editor, educator, and content creator, MortgageLoan.com
Subject: credit score, employers, NASDAQ, 2011-06-13

See this message and your response at https://blog.creditscoring.com/?p=2169.

You wrote, “A bad credit score can make it hard to get a job (some employers are taking credit into consideration), a new apartment, and can make for much higher costs on a future mortgage.”

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