Wednesday, August 6, 2014

Fwd: Credit scores: The higher, the better



---------- Forwarded message ----------
From: National Consumer Protection Week <ncpw@subscribe.ftc.gov>
Date: Wed, Aug 6, 2014 at 7:03 AM
Subject: Credit scores: The higher, the better
To: iammejtm@gmail.com


National Consumer Protection Week Blog Updates

 


Colleen Tressler
Consumer Education Specialist, Federal Trade Commission

Ever wonder how a lender decides whether to grant you credit? For years, creditors have been using credit scoring systems to determine if you'd be a good risk for credit cards, auto loans, and mortgages. These days, other types of businesses — including auto and homeowners insurance companies and phone companies — are using credit scores to decide whether to issue you a policy or provide you with a service, and on what terms.

Read more >

 


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Jeremy Tobias Matthews

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