December 17, 2014 | By Greg Fisher

From: Greg Fisher [mailto:greg@truthandfalsity.com]
Sent: Wednesday, December 17, 2014 12:32 PM
To: Tim C, CEO, NerdWallet, Inc.
Subject: Real nerds correct their misinformation, #1412k, #creditchat

Falsely, your website states: "Your credit score is important. Very important. That three-digit figure is so influential that it determines your eligibility for credit cards, home and auto loans, student loans, apartment rentals and even some jobs."

Employers do not use credit scores. I looked into it.

Truth is also important.

Having said that, with an open mind, I'm happy to review evidence of that claim at nerdwallet.com. Name one such employer and two such jobs.

Also, according to that page, "Bad credit" is a FICO credit score under 630. What is the name of the person who decided that that is the line of demarcation of bad credit? And, what is the name of that person's organization (if he belongs to one)?

The same piece also states, "It follows that your credit history, past and present, is among the data that credit bureaus use to calculate your score."

However, according to the FICO score company itself, "Fair Isaac calculates the FICO Score based solely on information in consumer credit reports maintained at the credit reporting agencies."

So, besides credit history, what else is used to calculate FICO scores?

Another sentence in that article is: "The VantageScore, for example, uses a range of 501 to 900."

As with many claims regarding numbers, there is really no wiggle room, Nerdwallet! It should say 990, not 900. Correct that statement, today, please.

Finally, did you get the message that I sent to you, directly, 3 months ago today? What is wrong?

Hokey smoke. See this message at creditscoring.com/interaction.

Very truly yours #1412k,

Greg Fisher
Truth and Falsity
truthandfalsity.com
Page A2
pagea2.com
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342

PS. AND ANOTHER THING: "employers."