Parking tickets could affect credit score

[Texashiker]

You're free to contact ISO to get the reams of empirical data they have verifying the links.

You are the one that made the statement, not iso.

Do you have links to scientific studies that show people with bad credit are more likely to steal?

~ EDIT ~

My ex-wife ran my credit and her credit into the ground while we were married. Since my wife was lying to me about our finances, does that make me more likely to steal? I used to work for a company where I handled money on a daily basis, and never stole a penny.

But somehow my credit score says I am more likely to steal, even though my credit was ruined without my knowledge?

 

[sactoking]

You are the one that made the statement, not iso.

Do you have links to scientific studies that show people with bad credit are more likely to steal?

Again, if you want to contact the Insurance Services Office and register as an insurer, becoming a subscriber to their services and gaining access to the data, you're more than welcome to.

The insurance industry has multitudes of loss/claim data that shows empirically that theft is more likely to be perpetrated by employees with lower credit scores.

 

[Texashiker]

Again, if you want to contact the Insurance Services Office and register as an insurer, becoming a subscriber to their services and gaining access to the data, you're more than welcome to.

The insurance industry has multitudes of loss/claim data that shows empirically that theft is more likely to be perpetrated by employees with lower credit scores.

You are still making statements with nothing to back it up.

 

[PokerGuy]

Name one. Besides mistakes on the part of the credit reporting agency or identity theft. Both of which have fixes.

How about losing your job and getting something like cancer that costs $1 million plus to treat? Bottom line, you're going to end up filing for bankruptcy, and your credit is going to get blown up... but that doesn't mean you're not a good person or employee.

Further, it can take years to clear up problems with the credit report (like when there's ID theft). During that time, you're basically saying the person affected by the ID theft can't find another job, because employers will screen them out.

Look, the credit score was designed to do just that: score you in terms of risk of non-payment on credit provided. It works for that. It's not meant for other kinds of screening, and it's flawed at best when used in a way not designed.

 

[Texashiker]

How about losing your job and getting something like cancer that costs $1 million plus to treat? but that doesn't mean you're not a good person or employee.

Sure it does, because good employees do not take off work when they are sick, even with cancer.

As I posted above, my ex-wife ran my credit into the ground. She applied for every card card she could find, maxed them out, and because we were married, the credit agencies came after my credit as well. She was even applying for credit cards in her name and my SS number. Money problems and the credit cards was one reason why we divorced 10 years ago.

But for some reason I am blamed for the actions of someone else.

The problem with credit scores, its a blanket statement, and blanket statements do not work. There is a big difference between someone making 100,000 a year and does not want to pay their bills, and someone who has their kid in the hospital.

There is no dividing line between a parent that got their child cancer treatments and got behind on their bills, and someone who buys junk just to have it.

 

[JEDIYoda]

they can just buy and save gold and then use that in place of credit.
__________________

Gold??? hahahahahahaaaaaaa yeah right!

 

[akahoovy]

They give parking tickets out for the most bullshiat of reasons.
I received a parking ticket for not having my wheels angled far enough while parked on a modest incline.
I don't have the time to spend days downtown at the courthouse fighting it, so I paid the $60.

Would you think I would be less credit worthy if I had decided to call them on their BS and not pay the ticket?

You have no idea how f***ing mad I was when I got a ticket for not parking beside a meter within a supposedly marked outline on the ground when I was at the Fort Worth court house. The paint was worn away and did not make at all a clear outline.

I didn't want a warrant out in my name so I paid it.

 

[Thump553]

I think being a scofllaw does say something about your creditworthyness.

I totally agree. Admittedly some tickets are bad-just like some arrests are bad-but they should be contested, not ignored.

Look up your local big city's rate of unpaid tickets sometime-it is astonishing.

I've paid (or contested) every ticket I've gotten in my life on time, it's not that hard to do.

That said, I absolutely totally disagree with the concept of using credit scores in (most) hiring decsions, or for insurance rating purposes. Some states are pushing for laws prohibiting employers from using credit scores in the hiring process (with some exceptions), a reform I think is well overdue.

 

[hal2kilo]

=
That said, I absolutely totally disagree with the concept of using credit scores in (most) hiring decsions, or for insurance rating purposes. Some states are pushing for laws prohibiting employers from using credit scores in the hiring process (with some exceptions), a reform I think is well overdue.

We're very agreeable today.

 

[sactoking]

You are still making statements with nothing to back it up.

There's plenty of data to back it up, just because you don't have access to it doesn't invalidate it.

 

[dmcowen674]

Parking tickets could affect credit score

Everything about this so called "credit score" is a scam and another thing the entire country should be attacking against.

 

[Infohawk]

I don't see the problem with using credit scores in the hiring process. But the job market should be strong enough that even though with poor credit scores, not that educated, etc. can get a job. We can do that by tackling overzealous free trade and illegal immigration.