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Forget credit scores-- Bloomberg can't even get history right.

Bloomberg organization publishes and maintains false reports about American history, and repeats the myth that employers use credit scores. #Myth2  #Myth6

| By Greg Fisher

From: Greg Fisher
Sent: Tuesday, March 10, 2015 8:55 AM
To: The editors, Bloomberg View, Bloomberg L.P.
Subject: credit score, employers, Bloomberg

The editors
Bloomberg View
Bloomberg
New York

You wrote: "The three companies dominate the market for credit reports, which generate the information used to compute a consumer's credit score -- the single number used by banks and other lenders to judge an applicant's creditworthiness. Employers, insurers and landlords also rely on credit scores to judge an individual's trustworthiness."

Employers do not use credit scores. I looked into it. #1503f

--
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342




From: greg@creditscoring.com
Sent: Mar 10 2015 14:53:14
To: Mark Whitehouse (BLOOMBERG/ NEWSROOM:)
Cc: Bruce Dold, editorial Page Editor, Chicago Tribune, Tribune Company
Subject: Re:FW: credit score, employers, Bloomberg, Tribune

Your editorial was republished in the domain chicagotribune.com. #syndicatederror

What will you do to stop it from spreading further?

Answer my question from this morning, please.

--
Greg Fisher
Page A2
pagea2.com
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
937-681-3224


From: Mark Whitehouse (BLOOMBERG/ NEWSROOM:)
Sent: Tuesday, March 10, 2015 3:03 PM
To: greg@creditscoring.com
Subject: Re:FW: credit score, employers, Bloomberg, Tribune

Thank you for bringing this to our attention, Greg. I have passed this on to the author of the editorial, who will respond to your specific point about employers and credit scores. If there is a factual error, I assure you it will be corrected.

Regards, Mark


From: Paula Dwyer (BLOOMBERG/ NEWSROOM:)
Sent: Tuesday, March 10, 2015 4:00 PM
To: greg@creditscoring.com
Cc: [Whitehouse]; [Shipley]; Michael Newman, Bloomberg L.P.
Subject: Bloomberg View editorial

Dear Mr. Fisher: Thank you for your comments on yesterday's editorial, "Give Consumers Credit where It's Due." The editorial makes clear that credit bureaus collect the underlying data, which are crunched into a "score." For simplicity sake, we refer to scores, reports and checks interchangeably. I can understand why, as someone who works in this field, you'd object to the use of the word "score" in this sentence: "Employers, insurers and landlords also rely on credit scores to judge an individual's trustworthiness." Insurers, landlords and potential employers definitely look at credit information, and I'm sure an insurer, a landlord or a potential employer has reviewed a credit score or two. At any rate, the point is that credit information can sometimes be inaccurate, and yet it's used far beyond lending. I hope this clarifies the situation. Thanks again for your interest.

Paula Dwyer


From: Greg Fisher
Sent: Wednesday, March 11, 2015 2:03 PM
To: Paula Dwyer, Bloomberg L.P.
Cc: Mike, owner, Bloomberg LP; Editors, Bloomberg View; Caroline Baum; Lauren Young, personal finance editor, Reuters; Barry Ritholtz, Bloomberg View, Bloomberg L.P.; Albert R. Hunt, Bloomberg View, Bloomberg L.P.
Subject: credit score, employers, Bloomberg, Tribune, truth, U.S. history

A bloombergview.com article by Caroline Baum states, "Treasury Secretary Jack Lew wrote to House Majority Leader John Boehner yesterday to deliver the bad news." #1309a

No, he didn't. That will not stand.

John Boehner's position is Speaker, not Majority Leader. The Speaker is second in line, after the Vice President of the United States, to succeed the President.

I am a U.S. citizen. What are you doing about that error of the history of my country?

Another item, by Lauren Young, states, "Two years ago borrowers with a score of 650 out of 850 qualified for the most competitive interest rates" and "His high credit score of 801 out of 850 allowed him to get the rate on the dealer-financed loan cut from 5.5% to 4.9% just by asking for the best possible offer." #0810a

That mathematics nonsense is #Myth6 on the big list. If a score scale is 300 to 850, you don't say 301 out of 850, do you?

I'll repeat my question to a @BV writer: "Before @Bloomberg publishes again, what you're doing about #falsity?"

An item by Albert R. Hunt dated last year falsely states, "Senate Majority Leader Mitch McConnell wants to repeal the act but keep the popular exchange in his home state of Kentucky, which depends on the federal law." #1410L

Mitch McConnell was not the majority leader last year.

My initial question was, "What is the name of the person who typed, 'Employers, insurers and landlords also rely on credit scores'?" #1503f

Was it you?

Reply today, please.

--
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. Don't change the subject line again.