Interesting and Funny Credit News

January 18, 2010
I'm posting any new interesting and funny news on my front page.  I just put up the Saturday Night Live skit with Steve Martin about how to get out of debt.  Very funny and true, people don't know how to save up for things.  We have become a please me now society.  Right on point with that video.

I also posted a couple articles I found on yahoo and cbsnews.  One talking about credit reporting errors, another about how much a late payment affects your credit score, and another about how everyone needs higher credit scores now.  All very interesting and informative.

I have also found some great credit sites that I will share throughout the creditjerk site.  This credit repair site has valuable information on how to improve your credit score.  A must read for anyone that need credit help.
 

Credit Questions are Answered

January 12, 2010
I have begun to answer credit questions.  This might be my calling.  I have noticed a lot of questions that are commonly asked on forums that I monitor and just throughout the web.  Why not put them all in one place answer them, so people don't have to scroll through mounds of answers to find what they are looking for.

To be honest there is a lot of good stuff out on the web, but there is a lot of misconceptions and myths about credit that just wrong.  A lot of people are led astray everyday a...
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FICO releases credit scoring formulas for first time

December 15, 2009

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

December 7, 2009
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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