Posted On: August 27, 2007, 9:12 pm CDT

Posted By: TM

As far as Quit Whining...I went to two differnt lenders within a 14 day period AND I can tell you my score was affected! Your comments about personally responsiblity....Wouldnt you agree the banks lending money based on a FICO scores alone should be responsible? The current housing disaster proves it!!! BANKS were the ones who were so moneey hungry to give people loans that they didnt bother to check some simple facts like INCOME, LENGTH OF EMPLOYMENT, etc which FICO doesn't take into consideration AT ALL!! My UNEMPLOYED niece recently graduated HS and decided to open a bank account...do you think the bank should have given her a credit card with a $500+ limit?...They did with no credit at all..she hasn't had to pay any bill on time yet. We are not whining...we are merely wanting a system that checks the facts about your buying status and the current system is flawed in that department.