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Motley Fool publishes more false information about credit scores

Fool contradicts himself, stating that employers do not use credit scores, and, subsequently, that they do. #Myth2 #1609G (G, for 'Gardner')

| By Greg Fisher

Credit Score Myth 2: 8 years old and still going strong. Either something is horribly, horribly wrong, or this is just another day in the office.

Employers do not use credit scores because they cannot even get them.

In 2014, an organization called the Motley Fool published a document in its domain fool.com that stated

3. Employers check your credit score -- False!

If you're worried about existing or potential employers accessing your credit score when you apply for a promotion or new job, relax. Or, at least, relax a bit. It's unlikely to be your score they would see. They might, however, get a copy of your report. Your best bet may be to get your own copy upfront, and address any issues during your interview.

The article originally appeared on the website at wisepiggy.com run by Quinstreet, Inc.




Note the weasel word author Peter Andrew uses: unlikely. He is a man unsure of himself.

Later, in 2016, emphatically, the Motley Fool published this clear statement: "Now, not all employers check your credit, and those that do see only your credit report, not your score."

The word 'now' appears to be used as an intensive rather than to mark a point in time.

Despite all that, this month, the Motely Fool is back to his old ways, publishing this false statement: "Credit scores have become more important than ever. Not only do financial institutions use credit scores in evaluating whether they'll give you a mortgage loan, auto loan, credit card, or other types of credit, but landlords, insurance companies, and even employers will use credit scores to make decisions that can affect your financial life and your career." #n634189

Caplinger, D. (2016, September 06). Your Credit Score: The 5 Secrets to Making It Rise. Retrieved September 06, 2016, from http://www.fool.com/investing/2016/09/03/your-credit-score-the-5-secrets-to-making-it-rise.aspx

Notice the clichéd use of the intensive word even.

A character in an Oscar Wilde novel said that "there is only one thing in the world worse than being talked about, and that is not being talked about."

Today, there is nothing worse than not being indexed. Here in Creditland (and Searchland), it doesn't matter what you say-- it can be true, false or both; all that really matters is that you say something.

And, boy, these fools can talk.

Follow the activity of Item #1609G using that hashtag.




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