The Credit Scoring Site A bleak account 


2010 Credit Score News


12/20.  

CBS News website contains the same sentences found on other websites

Sad.

12/02.  

A screenshot

Very funny: After all the hullaballoo (see "Embroilments"), Experian's CreditReport.com made the bogus claim, "CreditReport.com can provide you with a 3 bureau credit report with FICO scores from all three agencies," and, of course, capitulated. Screenshot of the deed.

11/24.  

And demonstrates a lack of knowledge regarding statehouses

Spokesman: "It doesn't matter to me whether employers are using scores, they are using reports, and their use of reports should be rolled back."

11/19.  

HUD introduces new minimum FICO credit scores and loan-to-value ratio requirements for FHA-insured loans.

While HUD says 580, the market is tighter.

10/21.  

As the consumer reporting agencies deny providing scores to employers, a congressman refers to credit score use in employment screening.

Added feature: Experian

10/5.  

The Believers team meme gains steam, and things aren't always what they seem.

Credit scores in employment and job screening. A correction following email by creditscoring.com. Fabulous Part II.

9/30.  

When asked for its source, Tribune Company's LA Times cites eHow.com

creditscoring.com: "If those are your sources, you blew it."

9/23.  

Author attempts to justify her comment that employers use credit scores

Her sources do not support her claim.

9/22.  

In 2010, Mighty Net's CreditReport.com claims that it provides a 3 bureau credit report with FICO scores from all three agencies

Experian just bought CreditReport.com with all its goofiness.

9/21.  

Hearst's San Francisco Chronicle, Investopedia and Fabulously Broke in the City and credit scores in employment and job screening

Influence > Media > Newspapers > Hearst > San Francisco Chronicle > Fabulous, employers

Fabulous. Just fabulous.

9/17.  

History is replete with numbers that define the world. The world of credit scoring has a famous number, too.

Equifax > Equifax Credit Score > Magic 850

Equifax, the national consumer reporting agency, has discovered the mystical power of 850.

8/27.  

Responding to creditscoring.com, FICO removes information that supported Associated Press analysis that scores fell.

Two and Two > Scores fall story > FICO removes distribution charts

Deletion of FICO credit score distribution charts invalidates wire service story.

8/6.  

Blogosphere chain reaction furthers the notion of credit score use by employers.

Influence > Media > Magazines > Meme

Fiction influences reality.

7/18.  

Mainstream media report AP reports percentage of consumers with FICO scores under 600 rises to 25%.

Two and Two > Scores fall story

The AP story's premise contains some inconsistencies.

6/29.  

The median FICO credit score was once known to be 723, but now the statistic is proprietary information.

Credit score > FICO > Average > Secret

Contractual agreements between two of the consumer reporting agencies and scoring company FICO prohibit FICO from disclosing the average credit score numbers.

5/31.  

Federal agency in the Department of Defense states that it does not use credit scores for security clearances.

Influence > Government > Employers > Defense Security Service

Agency reviews credit reports, but not scores.

5/21.  

How is America doing? Putting two and two together about the average credit score.

Two and Two > Average

It doesn't add up.

4/29.  

First case: U.S. Bank and PrivacyGuard

Enough to be Dangerous > U.S. Bank > PrivacyGuard

Partners sell a Fake-O as FICO.

4/26.  

In 2010, Fed's statement creates a new low point

Influence > Government > Federal Reserve > 2010, U.S. House

A comma tells the story.

4/18.  

The Fed replies with its sources (popular media reports) to support claim that employers use credit scores

Influence > Government > Federal Reserve > 2009 replies

Recently, the Federal Reserve told congress that employers use credit scores. A year before, the Fed answered some questions.

3/31.  

Fundamental document from FICO listing all of the FICO credit score reasons that a score is not higher

Credit score > Fico > Factors > Reason codes

A base piece of the puzzle; the reasons that could be given that the score is not higher and that are delivered with a score. Direct from the developer.

3/16.  

Maryland Delegate replies that the Associated Press made an error with one word

Influence > Media > News agencies > AP > March 1, 2010

A broad reach. The legislator responded.

3/6.  

Gannett outlet fails to provide its source, saying it happened too long ago

Influence > Media > Conglomerates > Gannett > USA TODAY, August 11, 2003

Some information etched into the walls of the internet may never go away, and worse, you may never know who said it.

2/25.  

Chicken/egg dynamic between legislature and media regarding credit score use in employment

Influence > Government > Legislators > Oregon SB 1045

Shooting ducks on a pond. Features TransUnion blowing it again.

2/24.  

Industry illustrates FICO credit score breakdown and useable ranges of the distribution

Credit score > Distribution. How many people have what score?

2/15.  

Washington state attorney general does not say what security clearances require credit scores

Influence > Government > Washington AG. A lesson on how to use "may" and "can."

1/29.  

Email to congressman and co-sponsors requesting information source

Influence > Government > Legislators. Another attempt to contact the congressman.

1/23.  

TransUnion floats another credit report and credit score website filling up virtual shelf space

You just have to have faith.