Insurers Overturn Fla. Restriction on Use of Credit Scoring
Southeast News • January 4, 2007
A Florida Administrative Law Judge has declared that the Florida Office of Insurance Regulation's rule restricting the use of credit information by insurers is invalid.
In a Dec. 29 ruling, Judge ...
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Subject: Credit Scores
Posted On: January 8, 2007, 1:01 pm CST
Posted By: TC
Comment:
As an accountant I can make the numbers show just about any theory as a fact. We've had this discussion adnusem so there is no sense arguing about it. If your credit report was wrong (reports show 30% have errors) and you were charged more then we may hear a different arguement from you. Do you also believe that your educational background somehow has a correlation to your driving record? Many companies are now using that as an underwriting "tool" also. Let's face facts, credit and education are only used to redline, nothing more.
Subject: Credit Scores