Tag: Nonbelievers

Et tu, Suze?

Credit score expert (there are few) John Ulzheimer is a Nonbeliever.

Recently, while schlepping her new prepaid card, Emmy award winner and “internationally acclaimed personal finance expert” Suze Orman has been saying, inaccurately, that employers use credit scores.  However, employers do not use credit scores; they cannot even get them.  One media organization who allowed her to make the statment even edited it out.

Yesterday, Ulzheimer wrote, “My request [to Orman] was very simple: can you please stop saying that employers use credit scores?”

The inaccurate information may never end.

Credit scores used by employers Nonbeliever: Experian

“Employers never receive a credit score.” – Experian U.S. public education director Rod Griffin on Bankrate, Inc.’s CreditCards.com (undated)
 
Experian is a Nonbeliever, sort of.
 
Meanwhile, in a related development, before the mother lode of all corrections (Oct. 25, 2011), Bankrate, Inc. flagship Bankrate.com used to say: “Credit reports and credit scores show up in the background checks employers increasingly order at the time of hire or promotion.”
 
That’s gone.  But, unfortunately–for Martin Halusa, Apax Partners CEO, Peter C. Morse, Bankrate, Inc. chairman and, foremost, readers–the residue of syndication lingers on the website of the company whose sucker chairman is Roy Bostock. 
 
Yahoo!*
 
*refers to the website, not the chairman