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State Regulators Call for More Study of Credit Scoring Use in Insurance

National News • May 28, 2008
State regulators recently told Congress that more study of the use of credit scoring by insurance companies is needed to determine if the practice is unfairly discriminatory. "As state regulators, ...

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Subject: RE: Six Points on Scoring, Plus One

Posted On: May 29, 2008, 1:42 pm CDT
Posted By: Rachel
Comment:
Hi guys, I am a single mom, and also an insurance agent. I only make around 29k. My insurance score is not great. But the fact is, based on what Im making I really cant afford to raise a child.

Im on a budget that even my boss helped me to create. We are really close and he is a mentor to me.

I put all my food, cloths, and gas on my credit card and I pay my rent on time.

But Im moving backwards, even with my incredibly conservative spending. We even just got rid of cable and cell phone due to late payments.

I have a clean driving record, but everyone in the office laughs at how high my insurance is because my credit is poor.

Im working my but off but until I get a raise or prices go down, Im in trouble.

So, when you pay less for insurance because of your good ins score, thank my little girl for it. Because we are making sacrifices by paying more......

Sorry, thats just my little perspective. I wish I were a better sales person, or was just smarter so I could get a better job, by my grades just werent good enough.
Subject Posted By Posted On
insurance and credit scores bob demaro
Jun 3, 2008, 11:20 am
RE: The practice should be banned... llcj
Jun 2, 2008, 2:11 pm
RE: RE: The Bottom Line Dustin
Jun 2, 2008, 6:43 am
RE: The Bottom Line Johnny Boy
May 30, 2008, 4:36 pm
The Bottom Line Dr Fill
May 30, 2008, 4:15 pm
RE: RE: RE: Six Points on Scoring, Plus One NTXCoog
May 29, 2008, 5:55 pm
RE: RE: Insurance vs. Loans Buckeye
May 29, 2008, 4:15 pm
RE: Insurance vs. Loans Peter Donovan
May 29, 2008, 3:40 pm
RE: RE: Six Points on Scoring, Plus One Johnny boy
May 29, 2008, 3:37 pm
The practice should be banned... Peter Donovan
May 29, 2008, 3:37 pm
RE: Six Points on Scoring, Plus One Rachel
May 29, 2008, 1:42 pm
RE: Six Points on Scoring, Plus One Driving While Female & Black
May 29, 2008, 1:36 pm
Six Points on Scoring, Plus One Bill Rempel
May 29, 2008, 1:13 pm
RE: RE: To Buckeye - The issue is about compassion for the p Eb Hales
May 29, 2008, 12:31 pm
RE: To Buckeye - The issue is about compassion for the poor Buckeye
May 29, 2008, 12:23 pm
Other Variables utilizing income NTXCoog
May 29, 2008, 12:22 pm
credit scores Eb Hales
May 29, 2008, 12:09 pm
RE: To Buckeye - The issue is about compassion for the poor jasper
May 29, 2008, 12:04 pm
To Buckeye - The issue is about compassion for the poor Mike
May 29, 2008, 11:08 am
Why scores predict: rate it out yourself Patrick Butler
May 29, 2008, 10:57 am
A little honesty would be nice Buckeye
May 29, 2008, 10:55 am
RE: RE: Credit Gef
May 29, 2008, 10:36 am
RE: Credit "among other factors" Joe B
May 29, 2008, 10:25 am
A good point Mike
May 29, 2008, 9:28 am
an interesting point caffiend
May 29, 2008, 9:09 am
RE: WHAT! Nobody Important
May 29, 2008, 8:21 am
McCarty Sherry
May 29, 2008, 8:21 am
Blame Bush for credit checks and towing uninsured cars. Rochester
May 29, 2008, 8:08 am
WHAT! Darwin
May 29, 2008, 7:43 am
RE: RE: RE: RE: RE: Why credit-based insurance scores work Dustin
May 29, 2008, 7:08 am
RE: RE: RE: RE: Why credit-based insurance scores work frustrated
May 29, 2008, 2:08 am
RE: RE: RE: Why credit-based insurance scores work Gill Fin
May 29, 2008, 1:42 am
RE: RE: Why credit-based insurance scores work frustrated
May 29, 2008, 1:15 am
RE: Why credit-based insurance scores work Gill Fin
May 28, 2008, 7:43 pm
RE: Why credit-based insurance scores work Az Agent
May 28, 2008, 5:07 pm
Why credit-based insurance scores work Patrick Butler
May 28, 2008, 4:19 pm
RE: RE: Insurance vs. Loans Big Country
May 28, 2008, 3:22 pm
RE: Insurance vs. Loans NTXCoog
May 28, 2008, 3:13 pm
RE: RE: RE: RE: McCarty matt
May 28, 2008, 2:43 pm
RE: RE: RE: McCarty matt
May 28, 2008, 2:41 pm
govt officials Chad Balaamaba
May 28, 2008, 2:15 pm
Credit Scores and Pricing Fred Revello
May 28, 2008, 2:12 pm
Insurance vs. Loans Confused
May 28, 2008, 1:17 pm
RE: RE: McCarty Big Country
May 28, 2008, 1:03 pm
RE: McCarty SWFL Mark
May 28, 2008, 12:22 pm
McCarty Big Country
May 28, 2008, 11:28 am
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