CDIA, the Consumer Data Industry Association replies
Correspondence with consumer reporting agency (credit bureau) trade association spokesman
| By Greg Fisher
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Wednesday, November 19, 2014 4:49 PM
To: Norm Magnuson, VP, public affairs, CDIA
Subject: consumer reporting agencies, membership, Equifax, Experian and TransUnion
Is Equifax a member of your organization? Is Experian? Is Transunion?
--
Greg Fisher
The Credit Scoring Site
creditscoring.com
Page A2
pagea2.com
PO Box 342
Dayton, Ohio 45409-0342
937-681-3224
Magnuson replied that all three are CDIA members.
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Thursday, November 20, 2014 2:11 PM
To: Norm Magnuson
Subject: RE: consumer reporting agencies, employers, Duke, Washington Post
http://www.washingtonpost.com/news/to-your...
http://blog.creditscoring.com/?p=3669
?
--
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
The spokesman replies that he finds the information interesting, but "no sources listed and this a UK issue?"
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Thursday, November 20, 2014 3:22 PM
To: Norm Magnuson
Subject: RE: consumer reporting agencies, employers, Big 3
ProtectMyID is a part of Experian, and its address is Irvine, California. http://www.protectmyid.com/terms/
The ProtectMyID mailing address is Allen, Texas. http://www.protectmyid.com/contact/
I called the telephone number on the page above. A recording of man with a North American accent said that the company is "backed by Experian." The woman I spoke to on that call said that she is in the United States.
As my website states, ProtectMyID (Experian) states, "Creditors, landlords, and even some employers consider a person's credit score before deciding whether they will approve a loan, lease an apartment, or hire an applicant."
On another of its websites, Experian states, "More Employers Check Applicants' Credit Scores." http://blog.creditscoring.com/?p=2735
Transunion states, "A credit score is the result of advanced analytical models that take a 'snapshot' of the consumer's credit report and translate it into a three-digit number representing the amount of risk a consumer brings to a particular transaction, such as financial, insurance or even employment." http://www.creditscoring.com/creditscore/wha...
At one time, Equifax stated, "Lenders, employers, car dealers-they all can know your FICO score, and so can you." http://blog.creditscoring.com/?p=513
?
--
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
The spokesman replied that he would be interested in talking to an employer who claims they use a credit score for employment, and that he would like to see the score they claim to be using. He pointed out that an employment credit report does not contain a credit score.
He continued that many media stories use "credit score" instead of "credit report"; that the terms are used interchangeably.
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Thursday, November 20, 2014 6:33 PM
To: Norm Magnuson, VP, public affairs, CDIA
Cc: John Branham, public relations and social media manager, TransUnion Interactive, TransUnion
Subject: RE: consumer reporting agencies, employers, Big 3, TUC
Have you told your member Transunion about its statement that I told you about? Here it is, again: "A credit score is the result of advanced analytical models that take a 'snapshot' of the consumer's credit report and translate it into a three-digit number representing the amount of risk a consumer brings to a particular transaction, such as financial, insurance or even employment." http://www.transunion.com/docs/interstitia...
--
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
937-681-3224
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Tuesday, November 25, 2014 6:35 PM
To: Norm Magnuson, VP, public affairs, CDIA
Cc: Elahe Izadi, reporter, Washington Post
Subject: RE: consumer reporting agencies, employers, Big 3, Experian
Did you tell your member Experian about its web page that states, "More Employers Check Applicants' Credit Scores"?
What am I missing, here?
Next, I'm sending a social media message to Experian, Hawaii. The company follows me with that account which includes a link to the email address of an account executive.
--
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
937-681-3224
From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Wednesday, December 03, 2014 8:35 AM
To: Norm Magnuson, VP, public affairs, CDIA
Cc: Elahe Izadi, reporter, Washington Post; Robin Tjioe, senior account Executive, Experian; Vicki Arnold, PSOL, Equifax; Demitra L. Wilson, senior director, Public Relations, Equifax
Subject: RE: consumer reporting agencies, employers, Big 3, Equifax
I have not heard from you for 10 days.
You wrote: "Once again, let's walk through this slowly. Credit scores are not used for employment purposes."
When you said that, were you aware of http://blog.creditscoring.com/?p=513?
(BTW, did you get my invitation to add you to my network on LinkedIn?)
--
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342