Browsing Archive: December, 2009

FICO releases credit scoring formulas for first time

Posted by on Tuesday, December 15, 2009, In : credit scores 

This is huge!  For the first time the credit scoring people are letting us in on how they decide our futures.  Why haven't they done this before?  It still is pretty much pay your bills on time or you will pay mentality.

Surprisingly, you take more of a hit to your score if you have a higher credit score.  Which doesn't make any sense to me.  ~I guess if you have good credit and pay your bills on time, you should be punished more for being late~.  Yeah, that doesn't make any sense.

So one 30-da...


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Credit Jerk Begins

Posted by Credit Jerk on Monday, December 7, 2009, In : credit 
So I'm not really sure where this site and this blog is going, but Credit Jerk is here.  I am a typical American.  I've had my fair share of financial problems, including credit card debt, hospital bills, and bills I forgot about, oops.  Sometimes I forgot, sometimes I just didn't have any money.  Like most people I don't like to work, that can be a problem when you need money.  I get by though.  I work enough and try to find something I enjoy doing to get the bills paid, so I can enjoy life....
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Credit Jerk


Just a guy that knows credit doing what I do.
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