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Mich. Judge Rules Insurance Scoring Ban Illegal

Midwest News • April 26, 2005
Michigan's Office of Financial and Insurance Services overstepped its authority in issuing rules that prohibited the use of credit-based insurance scores, according to a Michigan Circuit Court ...

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Subject: Think credit scoring needs to be looked at again

Posted On: April 26, 2005, 2:30 pm CDT
Posted By: Pat
Comment:
I can not disagree that credit scoring is useful in some areas...what I would like to see is all the companies getting on the same page so a credit score is not low in one company and high in another.

I think as we can not explain to our insureds how the credit score is derived, we need to be better educated in credit (as we are told by the companies we represent to explain to customers how they can better increase their credit scores).
I believe we should carry a credit counslers license. Maybe 10 more required educational credits to be added to our current required credits.
Subject Posted By Posted On
order diet information pill prescription prescription
Oct 3, 2005, 9:51 pm
Credit Scoring Ban Ames
Aug 28, 2005, 1:52 pm
Finally some backbone GB
Apr 27, 2005, 2:53 pm
One in the same Jeb
Apr 27, 2005, 2:27 pm
Credit scoring RC
Apr 27, 2005, 9:16 am
RE: Credit Scoring Dude
Apr 27, 2005, 8:32 am
Credit Scoring Jay
Apr 27, 2005, 7:53 am
Just another reason why every state... CIB
Apr 26, 2005, 5:21 pm
Think credit scoring needs to be looked at again Pat
Apr 26, 2005, 2:30 pm
Credit Scoring Ban Illegal John O'Brien
Apr 26, 2005, 1:33 pm
Score 1 for the good guys LLCJ
Apr 26, 2005, 1:15 pm
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