| By Greg Fisher
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.
Hokey smoke. See this message at creditscoring.com/interaction.
Very truly yours #1412k,
PS. AND ANOTHER THING: "employers."