Showing Tag: "scores" (Show all posts)

Interesting and Funny Credit News

Posted by on Monday, January 18, 2010, In : credit 
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 everyon...
Continue reading ...
 

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...


Continue reading ...
 
 

Credit Jerk


Just a guy that knows credit doing what I do.
Make a Free Website with Yola.