-
The Big Problem With Credit Scores
Credit scores, which represent how likely a person is to pay his or her bills, affects almost every aspect of an American's financial life.
One key benefit built into the credit scoring system is its nondiscriminatory practice of using just numbers to determine a person's creditworthiness.
"Credit scoring when it was first developed was an advancement," said Chi Chi Wu, staff attorney at the National Consumer Law Center. "It is better than having some banker sit across from you and judge you and read the information in your credit report, because they bring a lot of their subjective analysis and their own life experience into the analysis. And if their life is different than your life, that analysis can be flawed."
But despite the good intentions of credit report companies, many experts...
published: 11 Oct 2022
-
What is a Credit Score? Kal Penn Explains | Mashable
Everyone's heard of a credit score, but what goes into your personal number may surprise you.
Featuring: Kal Penn, Beth Stelling, Kevin Barnett
MASHABLE ON YOUTUBE
Subscribe to Mashable: http://on.mash.to/subscribe
Playlist for 'Financed Explained with Kal Penn': https://www.youtube.com/playlist?list=PLSKUhDnoJjYmc6qg_xVNNVn09BGRVSos3
MASHABLE ACROSS THE WEB
Mashable.com: http://on.mash.to/1hCcRpl
Facebook: http://on.mash.to/1KkCTIP
Twitter: http://on.mash.to/1Udp1kz
Tumblr: http://on.mash.to/1NBBijY
Instagram: http://on.mash.to/1U6D40z
Google+: http://on.mash.to/1i27L5R
Mashable is a leading global media company that informs, inspires and entertains the digital generation.
published: 13 Dec 2015
-
Understanding Your Credit Report - FICO Credit Education Series
You know your credit report—that thing lenders look at when you apply for a loan—is important. But what is it, exactly?
Information on your credit reports form the foundation of your FICO® Scores—a measure of your credit risk used by 90% of top lenders.
published: 19 Apr 2018
-
Credit Reporting: How It Works | TransUnion
Get your credit score at http://www.transunion.com
TransUnion is committed to helping you understand the role credit plays in your life, how day-to-day decisions influence your credit rating and how you can access and use credit to achieve your own goals.
Here are some of the factors the basic credit scoring formula takes into account:
* Payment history - A good record of on-time payments will help your credit.
* Outstanding debt - High balances in relation to your credit limits can harm your credit. Aim for balances under 35%.
* Credit account history -- An established credit history makes you a less risky borrower. Think twice before closing old accounts before a loan application.
* Recent inquiries - When a lender or business checks your credit, it causes a hard inqui...
published: 20 Sep 2011
-
HOW TO STATE YOUR CLAIM AND SUE THE CREDIT BUREAUS.
In this video we will break down the requirements to sue the credit bureaus, remember just because there is a violation of the law doesn't mean you can sue for it.
IG: @Sidity Cream
published: 30 Jul 2022
-
What is the Average Credit Score by State?
The average credit score in the United States is 698, based on VantageScore® data from February 2021. How do your scores compare?
Learn more about what is the average credit score by state at https://bit.ly/3GjWrg4.
published: 01 Feb 2022
-
Credit Reports: Last Week Tonight with John Oliver (HBO)
Credit reports play a surprisingly large role in our lives, but even more surprising is how often they contain critical mistakes. John Oliver helps credit agencies see why this is a problem.
Connect with Last Week Tonight online...
Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight
Find Last Week Tonight on Facebook like your mom would:
http://Facebook.com/LastWeekTonight
Follow us on Twitter for news about jokes and jokes about news:
http://Twitter.com/LastWeekTonight
Visit our official site for all that other stuff at once:
http://www.hbo.com/lastweektonight
published: 11 Apr 2016
-
🤫The Secret To Increase Your Credit Score By 100 Points In 5 days! Boost Your Credit Score Fast 💨
All My Links: https://withkoji.com/@sherrybeckley
#SherryBeckleycreditrepair #creditscore #creditrepair #boost #credit #sherrybeckley
#boostyourcreditscorefast
💥 FREE Hard Inquiry Removal Package: https://www.quickguidehowtoboostyourcredit.com/
💥 Join The Elites: https://theelitecredit.com/
Our brilliant program designed to help you create disputes, understand your scores, and have 1-on-1 coaching in our private group.
🏆 We currently have 500+ Elite credit members 🎉
💥 DIY Credit Repair: https://www.quickguidehowtoboostyourcredit.com/product-page/diy-credit-repair-bundle
An instant printable-guide with 20+ dispute letters to help you remove negative items.
💥Facebook group link below 👇🏽
https://www.facebook.com/groups/675512152982846/?ref=share
💥Best selling Books 📚 on Amazon at th...
published: 07 Apr 2023
-
Managing Credit Wisely
Our Financial Wellness Counselor, Sokha Yous, will share information that can help you better manage your credit.
published: 08 Feb 2024
-
Credit Scores and Reports 101 (Credit Card and Loan Basics 2/3)
In this video, you'll learn everything you need to know about your credit score and report, including what it is and how to improve it. Also, because we may cover products we like in this video, please click "Show More" to see the Ad Disclosure.
---
💳👉 View credit card offers
http://offers.moneycoach.io/credit-cards
Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which Money Coach will earn an affiliate commission or referral bonus. Money Coach is part of an affiliate network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all c...
published: 16 Jul 2016
14:09
The Big Problem With Credit Scores
Credit scores, which represent how likely a person is to pay his or her bills, affects almost every aspect of an American's financial life.
One key benefit bui...
Credit scores, which represent how likely a person is to pay his or her bills, affects almost every aspect of an American's financial life.
One key benefit built into the credit scoring system is its nondiscriminatory practice of using just numbers to determine a person's creditworthiness.
"Credit scoring when it was first developed was an advancement," said Chi Chi Wu, staff attorney at the National Consumer Law Center. "It is better than having some banker sit across from you and judge you and read the information in your credit report, because they bring a lot of their subjective analysis and their own life experience into the analysis. And if their life is different than your life, that analysis can be flawed."
But despite the good intentions of credit report companies, many experts argue that the current system is still discriminatory.
A survey of 5,000 U.S. adults found that more than half of Black Americans reported having a low or no credit score, compared to 41% for Hispanics, 37% for whites and 18% for Asian Americans.
Having a low or no credit score can often bring severe financial consequences. Forty-two percent of Americans said their credit scores prevented them from accessing financial products like credit cards or loans.
Sally Taylor, vice president and general manager at FICO, added, "It's important to note that credit scores didn't create some of the social economic disparities. They simply reflect the social economic disparities that are out there. The conversation should focus on addressing the root cause of these differences."
Watch the video to find out more about how credit scores can help — and hurt — consumers.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
The Big Problem With Credit Scores
https://wn.com/The_Big_Problem_With_Credit_Scores
Credit scores, which represent how likely a person is to pay his or her bills, affects almost every aspect of an American's financial life.
One key benefit built into the credit scoring system is its nondiscriminatory practice of using just numbers to determine a person's creditworthiness.
"Credit scoring when it was first developed was an advancement," said Chi Chi Wu, staff attorney at the National Consumer Law Center. "It is better than having some banker sit across from you and judge you and read the information in your credit report, because they bring a lot of their subjective analysis and their own life experience into the analysis. And if their life is different than your life, that analysis can be flawed."
But despite the good intentions of credit report companies, many experts argue that the current system is still discriminatory.
A survey of 5,000 U.S. adults found that more than half of Black Americans reported having a low or no credit score, compared to 41% for Hispanics, 37% for whites and 18% for Asian Americans.
Having a low or no credit score can often bring severe financial consequences. Forty-two percent of Americans said their credit scores prevented them from accessing financial products like credit cards or loans.
Sally Taylor, vice president and general manager at FICO, added, "It's important to note that credit scores didn't create some of the social economic disparities. They simply reflect the social economic disparities that are out there. The conversation should focus on addressing the root cause of these differences."
Watch the video to find out more about how credit scores can help — and hurt — consumers.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
The Big Problem With Credit Scores
- published: 11 Oct 2022
- views: 328662
3:01
What is a Credit Score? Kal Penn Explains | Mashable
Everyone's heard of a credit score, but what goes into your personal number may surprise you.
Featuring: Kal Penn, Beth Stelling, Kevin Barnett
MASHABLE ON YO...
Everyone's heard of a credit score, but what goes into your personal number may surprise you.
Featuring: Kal Penn, Beth Stelling, Kevin Barnett
MASHABLE ON YOUTUBE
Subscribe to Mashable: http://on.mash.to/subscribe
Playlist for 'Financed Explained with Kal Penn': https://www.youtube.com/playlist?list=PLSKUhDnoJjYmc6qg_xVNNVn09BGRVSos3
MASHABLE ACROSS THE WEB
Mashable.com: http://on.mash.to/1hCcRpl
Facebook: http://on.mash.to/1KkCTIP
Twitter: http://on.mash.to/1Udp1kz
Tumblr: http://on.mash.to/1NBBijY
Instagram: http://on.mash.to/1U6D40z
Google+: http://on.mash.to/1i27L5R
Mashable is a leading global media company that informs, inspires and entertains the digital generation.
https://wn.com/What_Is_A_Credit_Score_Kal_Penn_Explains_|_Mashable
Everyone's heard of a credit score, but what goes into your personal number may surprise you.
Featuring: Kal Penn, Beth Stelling, Kevin Barnett
MASHABLE ON YOUTUBE
Subscribe to Mashable: http://on.mash.to/subscribe
Playlist for 'Financed Explained with Kal Penn': https://www.youtube.com/playlist?list=PLSKUhDnoJjYmc6qg_xVNNVn09BGRVSos3
MASHABLE ACROSS THE WEB
Mashable.com: http://on.mash.to/1hCcRpl
Facebook: http://on.mash.to/1KkCTIP
Twitter: http://on.mash.to/1Udp1kz
Tumblr: http://on.mash.to/1NBBijY
Instagram: http://on.mash.to/1U6D40z
Google+: http://on.mash.to/1i27L5R
Mashable is a leading global media company that informs, inspires and entertains the digital generation.
- published: 13 Dec 2015
- views: 498447
2:20
Understanding Your Credit Report - FICO Credit Education Series
You know your credit report—that thing lenders look at when you apply for a loan—is important. But what is it, exactly?
Information on your credit reports for...
You know your credit report—that thing lenders look at when you apply for a loan—is important. But what is it, exactly?
Information on your credit reports form the foundation of your FICO® Scores—a measure of your credit risk used by 90% of top lenders.
https://wn.com/Understanding_Your_Credit_Report_Fico_Credit_Education_Series
You know your credit report—that thing lenders look at when you apply for a loan—is important. But what is it, exactly?
Information on your credit reports form the foundation of your FICO® Scores—a measure of your credit risk used by 90% of top lenders.
- published: 19 Apr 2018
- views: 81354
6:55
Credit Reporting: How It Works | TransUnion
Get your credit score at http://www.transunion.com
TransUnion is committed to helping you understand the role credit plays in your life, how day-to-day decisio...
Get your credit score at http://www.transunion.com
TransUnion is committed to helping you understand the role credit plays in your life, how day-to-day decisions influence your credit rating and how you can access and use credit to achieve your own goals.
Here are some of the factors the basic credit scoring formula takes into account:
* Payment history - A good record of on-time payments will help your credit.
* Outstanding debt - High balances in relation to your credit limits can harm your credit. Aim for balances under 35%.
* Credit account history -- An established credit history makes you a less risky borrower. Think twice before closing old accounts before a loan application.
* Recent inquiries - When a lender or business checks your credit, it causes a hard inquiry and a slight ding to your credit score. Apply for new credit in moderation.
* Types of credit - A healthy credit profile has a balanced mix of credit accounts and loans.
Visit Us Here: http://www.transunion.com
Contact Us Here: http://ow.ly/GMfBX
Check Out Our Blog: http://blog.transunion.com/
Follow Us On:
Twitter - https://twitter.com/TransUnion
Google+ - https://plus.google.com/+TransUnion/posts
LinkedIn - https://www.linkedin.com/company/transunion
YouTube - https://www.youtube.com/TransUnion
(Partial Transcription)
It's all around you, behind the purchase of homes, cars, electronics, and countless other items. There's a system in place that enables the millions of credit based transactions that occur everyday to be conducted quickly and efficiently.
When you apply for a credit card or a loan, the lender will most likely want to know how you handle your credit.
https://wn.com/Credit_Reporting_How_It_Works_|_Transunion
Get your credit score at http://www.transunion.com
TransUnion is committed to helping you understand the role credit plays in your life, how day-to-day decisions influence your credit rating and how you can access and use credit to achieve your own goals.
Here are some of the factors the basic credit scoring formula takes into account:
* Payment history - A good record of on-time payments will help your credit.
* Outstanding debt - High balances in relation to your credit limits can harm your credit. Aim for balances under 35%.
* Credit account history -- An established credit history makes you a less risky borrower. Think twice before closing old accounts before a loan application.
* Recent inquiries - When a lender or business checks your credit, it causes a hard inquiry and a slight ding to your credit score. Apply for new credit in moderation.
* Types of credit - A healthy credit profile has a balanced mix of credit accounts and loans.
Visit Us Here: http://www.transunion.com
Contact Us Here: http://ow.ly/GMfBX
Check Out Our Blog: http://blog.transunion.com/
Follow Us On:
Twitter - https://twitter.com/TransUnion
Google+ - https://plus.google.com/+TransUnion/posts
LinkedIn - https://www.linkedin.com/company/transunion
YouTube - https://www.youtube.com/TransUnion
(Partial Transcription)
It's all around you, behind the purchase of homes, cars, electronics, and countless other items. There's a system in place that enables the millions of credit based transactions that occur everyday to be conducted quickly and efficiently.
When you apply for a credit card or a loan, the lender will most likely want to know how you handle your credit.
- published: 20 Sep 2011
- views: 80258
3:18
HOW TO STATE YOUR CLAIM AND SUE THE CREDIT BUREAUS.
In this video we will break down the requirements to sue the credit bureaus, remember just because there is a violation of the law doesn't mean you can sue for ...
In this video we will break down the requirements to sue the credit bureaus, remember just because there is a violation of the law doesn't mean you can sue for it.
IG: @Sidity Cream
https://wn.com/How_To_State_Your_Claim_And_Sue_The_Credit_Bureaus.
In this video we will break down the requirements to sue the credit bureaus, remember just because there is a violation of the law doesn't mean you can sue for it.
IG: @Sidity Cream
- published: 30 Jul 2022
- views: 6719
0:54
What is the Average Credit Score by State?
The average credit score in the United States is 698, based on VantageScore® data from February 2021. How do your scores compare?
Learn more about what is the...
The average credit score in the United States is 698, based on VantageScore® data from February 2021. How do your scores compare?
Learn more about what is the average credit score by state at https://bit.ly/3GjWrg4.
https://wn.com/What_Is_The_Average_Credit_Score_By_State
The average credit score in the United States is 698, based on VantageScore® data from February 2021. How do your scores compare?
Learn more about what is the average credit score by state at https://bit.ly/3GjWrg4.
- published: 01 Feb 2022
- views: 3690
18:46
Credit Reports: Last Week Tonight with John Oliver (HBO)
Credit reports play a surprisingly large role in our lives, but even more surprising is how often they contain critical mistakes. John Oliver helps credit agenc...
Credit reports play a surprisingly large role in our lives, but even more surprising is how often they contain critical mistakes. John Oliver helps credit agencies see why this is a problem.
Connect with Last Week Tonight online...
Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight
Find Last Week Tonight on Facebook like your mom would:
http://Facebook.com/LastWeekTonight
Follow us on Twitter for news about jokes and jokes about news:
http://Twitter.com/LastWeekTonight
Visit our official site for all that other stuff at once:
http://www.hbo.com/lastweektonight
https://wn.com/Credit_Reports_Last_Week_Tonight_With_John_Oliver_(Hbo)
Credit reports play a surprisingly large role in our lives, but even more surprising is how often they contain critical mistakes. John Oliver helps credit agencies see why this is a problem.
Connect with Last Week Tonight online...
Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight
Find Last Week Tonight on Facebook like your mom would:
http://Facebook.com/LastWeekTonight
Follow us on Twitter for news about jokes and jokes about news:
http://Twitter.com/LastWeekTonight
Visit our official site for all that other stuff at once:
http://www.hbo.com/lastweektonight
- published: 11 Apr 2016
- views: 12014279
14:06
🤫The Secret To Increase Your Credit Score By 100 Points In 5 days! Boost Your Credit Score Fast 💨
All My Links: https://withkoji.com/@sherrybeckley
#SherryBeckleycreditrepair #creditscore #creditrepair #boost #credit #sherrybeckley
#boostyourcreditscorefa...
All My Links: https://withkoji.com/@sherrybeckley
#SherryBeckleycreditrepair #creditscore #creditrepair #boost #credit #sherrybeckley
#boostyourcreditscorefast
💥 FREE Hard Inquiry Removal Package: https://www.quickguidehowtoboostyourcredit.com/
💥 Join The Elites: https://theelitecredit.com/
Our brilliant program designed to help you create disputes, understand your scores, and have 1-on-1 coaching in our private group.
🏆 We currently have 500+ Elite credit members 🎉
💥 DIY Credit Repair: https://www.quickguidehowtoboostyourcredit.com/product-page/diy-credit-repair-bundle
An instant printable-guide with 20+ dispute letters to help you remove negative items.
💥Facebook group link below 👇🏽
https://www.facebook.com/groups/675512152982846/?ref=share
💥Best selling Books 📚 on Amazon at the link below👇🏽
https://www.quickguidehowtoboostyourcredit.com/books-and-testimonies
https://wn.com/🤫The_Secret_To_Increase_Your_Credit_Score_By_100_Points_In_5_Days_Boost_Your_Credit_Score_Fast_💨
All My Links: https://withkoji.com/@sherrybeckley
#SherryBeckleycreditrepair #creditscore #creditrepair #boost #credit #sherrybeckley
#boostyourcreditscorefast
💥 FREE Hard Inquiry Removal Package: https://www.quickguidehowtoboostyourcredit.com/
💥 Join The Elites: https://theelitecredit.com/
Our brilliant program designed to help you create disputes, understand your scores, and have 1-on-1 coaching in our private group.
🏆 We currently have 500+ Elite credit members 🎉
💥 DIY Credit Repair: https://www.quickguidehowtoboostyourcredit.com/product-page/diy-credit-repair-bundle
An instant printable-guide with 20+ dispute letters to help you remove negative items.
💥Facebook group link below 👇🏽
https://www.facebook.com/groups/675512152982846/?ref=share
💥Best selling Books 📚 on Amazon at the link below👇🏽
https://www.quickguidehowtoboostyourcredit.com/books-and-testimonies
- published: 07 Apr 2023
- views: 666759
41:26
Managing Credit Wisely
Our Financial Wellness Counselor, Sokha Yous, will share information that can help you better manage your credit.
Our Financial Wellness Counselor, Sokha Yous, will share information that can help you better manage your credit.
https://wn.com/Managing_Credit_Wisely
Our Financial Wellness Counselor, Sokha Yous, will share information that can help you better manage your credit.
- published: 08 Feb 2024
- views: 36
4:05
Credit Scores and Reports 101 (Credit Card and Loan Basics 2/3)
In this video, you'll learn everything you need to know about your credit score and report, including what it is and how to improve it. Also, because we may cov...
In this video, you'll learn everything you need to know about your credit score and report, including what it is and how to improve it. Also, because we may cover products we like in this video, please click "Show More" to see the Ad Disclosure.
---
💳👉 View credit card offers
http://offers.moneycoach.io/credit-cards
Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which Money Coach will earn an affiliate commission or referral bonus. Money Coach is part of an affiliate network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
https://wn.com/Credit_Scores_And_Reports_101_(Credit_Card_And_Loan_Basics_2_3)
In this video, you'll learn everything you need to know about your credit score and report, including what it is and how to improve it. Also, because we may cover products we like in this video, please click "Show More" to see the Ad Disclosure.
---
💳👉 View credit card offers
http://offers.moneycoach.io/credit-cards
Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which Money Coach will earn an affiliate commission or referral bonus. Money Coach is part of an affiliate network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
- published: 16 Jul 2016
- views: 329421