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04/18/26 2:19pmLogin ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: [1]234 ]
Subject: Yes ...


Author:
Walter Richards
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Date Posted: 10/11/06 8:00am
In reply to: schmart cookie 's message, "no credit" on 10/10/06 11:18am

Because they get your credit scores from companies like Equifax, no credit may = bad credit.

At least, this is what I was told by a credit union a few years ago. If you've never had a credit card, and never had debt - your credit score can be worse than someone who's always in debt. Why? Because the scoring companies can see that person's debt and payment history ... but they have no means of tracking people who don't have debts.

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Replies:
Subject Author Date
yet somehow responsible spending/buying eguals poor driving habits?melissa10/11/06 10:01pm


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