2010 Credit Score News

12/20.	CBS News story about credit card myths CBS News website contains the same sentences found on other websites Sad.
12/02.	Enough to be Dangerous: Evidence–in case you don't believe the story about the creditreport.com stunt 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.	U.S. PIRG fails to prove employers use credit scores 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.	FHA mortgage loan minimum credit scores, October 4, 2010 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.	U.S. House representative testifies employers use credit scores 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.	Influence: The Consumerist, Consumers Union, ValueClick 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.	Influence: Tribune; Los Angeles Times on employers using credit scores 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.	Influence: Forum Communications; interviewee on employers and credit scores Author attempts to justify her comment that employers use credit scores Her sources do not support her claim.
9/22.	Enough to be Dangerous: Mighty Net CreditReport.com 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.	Influence: Hearst - Fabulous 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.	Magic 850 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.	Two and Two: Credit scores fall story, 2010, AP, Part II 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.	Employers using credit scores blogger meme Blogosphere chain reaction furthers the notion of credit score use by employers. Influence > Media > Magazines > Meme Fiction influences reality.
7/18.	Two and Two: Credit scores fall story, July, 2010 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.	Average credit score is secret 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.	Defense Security Service: Credit scores and security clearances 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.	Two and Two: The missing average FICO credit score 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.	New section: Enough to be Dangerous First case: U.S. Bank and PrivacyGuard Enough to be Dangerous > U.S. Bank > PrivacyGuard Partners sell a Fake-O as FICO.
4/26.	Federal Reserve tells 111th Congress that employers use credit scores 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.	Federal Reserve on credit scores used by employers, 2009 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.	US FICO credit risk score reason codes 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.	AP reports legislator said employers use credit scores 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.	USA TODAY story on employers and credit scores, 8/11/2003 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.	Mentions of credit scores in employment in Oregon 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.	Credit score distribution and practical ranges statistics Industry illustrates FICO credit score breakdown and useable ranges of the distribution Credit score > Distribution. How many people have what score?
2/15.	Washington AG: Credit scores and security clearances 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.	H.R.3149 - Congressman's statement about employers using credit scores Email to congressman and co-sponsors requesting information source Influence > Government > Legislators. Another attempt to contact the congressman.
1/23.	zendough - The religion of the credit score TransUnion floats another credit report and credit score website filling up virtual shelf space You just have to have faith.