The Credit Scoring Site
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Dirty Data
in the media

Clark Howard
Federal Reserve
Chicago Tribune
Christian Science Monitor
Columbus Dispatch
Augusta Chronicle
Realty Times
Realty Times
Nolo: Credit Repair
MoneyCentral Radio
The Detroit News, July 17, 2000
Money Maze Radio
USA Today Hot Site, 9/17/98
Enough to be Dangerous > U.S. Bank > PrivacyGuard

U.S. Bank partners with PrivacyGuard and sells Fake-O as FICO

They know enough to be dangerous. Watch, blow-by-blow, as the affiliates deal with the fallout.

Also, see Enough to be Dangerous:


Misinformation about credit scores continues to grow. There's the 678 thing, the employers thing, the utilization ratio thing, the other utilization ratio thing, the scale thing, and now, the U.S. Bank PrivacyGuard Fake-O FICO thing.

The U.S. Bank website states, "Your Credit Report - Get your credit report and FICO score online now, plus have your report monitored for signs of identity theft." The statement links to another U.S. Bank web page lauding a partnership between PrivacyGuard and U.S. Bancorp Insurance Services, LLC. However, the credit score is not a FICO score. It is something called the CreditXpert score.

The solution is, of course, for everybody to get back to their own businesses and take care of those instead of trying to be credit score— or whatever else— experts. When a bank can conduct banking operations with no mishaps for ten years, it is time to move into other areas. Until then, the bank should stick to what is supposed to be doing: Banking. Indeed, U.S. Bancorp Insurance Services should stick to insurance.

But, it's human nature: People who don't know what they are talking about talk anyway. And they write, too. Hoo-BOY do they write! With the Internet, there is the potential to get in front of 12-billion eyballs in an instant— with information and misinformation. Incompetent people do not know that they are incompetent, and now they are out there with some big tools.

So, follow along at See how long it takes this bank with a National Bank charter to correct its misstatement. Will it refund money to its customers?

U.S. Bank knows enough about credit scores to be dangerous.

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Do employers use credit scores?

Don't believe it.

April, 1997: "Information on how to obtain one's credit score is suspiciously absent from your site. How do I get mine?"

"And we're not running a game show. I mean, we're evaluating risk. We're not trying to have people get--achieve the highest score."

"Fisher is a fan of going by the book and then beyond it."

"He beat the scoring proponents to the punch by scooping up the web address, from which he launches often strident, sometimes wacky, but usually well-documented attacks on the credit-scoring concept and the industries that support it."

Realty Consumers Empowered By Online "Peoples" Court - "His Web site helped him-- and millions of other consumers-- extend fair credit reporting rights to credit scoring information."

"Fisher operates the Web site, which skewers the secrecy of the credit bureaus and Fair, Isaac." - The Detroit News

" is an exceptionally-interesting site that offers news and information regarding credit scoring and-- really-- the entire credit process."

"'Garbage in, garbage out,' says Greg Fisher of Dayton, Ohio, who runs two Web sites on the subject, and"