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Supreme Court Rules on Insurers' Credit Reporting Notification Cases
National News June 5, 2007
The Supreme Court sided with two insurance companies Monday in a case involving alleged violations of the Fair Credit Reporting Act.
The law requires insurance companies and other businesses to ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: Supreme Court- Credit Scores | Kent Underwood - con't | Jun 11, 2007, 12:14 pm |
| RE: credit | Kent Underwood | Jun 11, 2007, 12:02 pm |
| RE: GEICO | wudchuck | Jun 10, 2007, 4:08 pm |
| RE: Practices | George in Seattle | Jun 6, 2007, 4:45 pm |
| Practices | Let have some$##@%& | Jun 6, 2007, 4:20 pm |
| Safeco Practices | George in Seattle | Jun 6, 2007, 3:40 pm |
| GEICO | Green Gecko | Jun 6, 2007, 3:31 pm |
| RE: RE: Supreme Court- Credit Scores | Alan | Jun 6, 2007, 2:56 pm |
| RE: RE: Supreme Court- Credit Scores | Nebraskan | Jun 6, 2007, 2:55 pm |
| RE: Supreme Court- Credit Scores | steved | Jun 6, 2007, 2:23 pm |
| Supreme Court- Credit Scores | An Insurance agent's view | Jun 6, 2007, 2:08 pm |
| RE: RE: credit | Realist | Jun 6, 2007, 1:37 pm |
| RE: credit | Ratemaker | Jun 6, 2007, 8:02 am |
| credit | wudchuck | Jun 5, 2007, 10:53 pm |
| Back to article | ||


Subject: RE: RE: Supreme Court- Credit Scores
On the other hand, I'm a good driver, pay my premium on time all the time, never had to pay out for a claim, no accidents, no tickets, i don't drive a ridiculously expensive car, nor is it a sports car, etc...
I admit, I would be frustrated if my insurance premium were based on my credit history because the two histories aren't relative nor congruent with each other.
Plus, and I don't even know how I feel about saying this, If people with lower incomes are using credit to aid in their monthly income, and you tack a big premium on them because they have bad credit due to that....odds are, they are going to drive around without any insurance at all.