where is the consumer’s feedback in all of this credit scoring. a hurricane does not discriminate between the good score ,and the lower score. none of this makes any common sense.
I agree with W. Drudy, the companies are putting too much weight on the credit scoring to the point it is becoming discriminating against those with lower incomes even if they pay bills on time. We also find many companies are looking at different criteria so the comsumer has no way to know which criteria has a bigger impact. Claims and risk exposures should hold a higher impact.
where is the consumer’s feedback in all of this credit scoring. a hurricane does not discriminate between the good score ,and the lower score. none of this makes any common sense.
I agree with W. Drudy, the companies are putting too much weight on the credit scoring to the point it is becoming discriminating against those with lower incomes even if they pay bills on time. We also find many companies are looking at different criteria so the comsumer has no way to know which criteria has a bigger impact. Claims and risk exposures should hold a higher impact.