Massages hurt your credit score

[ducatiz]

OK, I am not in favor of gubmint regulation.

But this story really pisses me off.  Of all the nasty, shitty things banks can do.  Fine, they monitor your use of a credit card but to change your credit SCORE because you do certain things?  Like get marriage counseling?  WTF?

Maybe it is time for some temporary rules (i.e. a 10 year sunset law) on these make the beast with two backsers.

http://articles.moneycentral.msn.com/Banking/YourCreditRating/YourLifestyleMayHurtCreditScore.aspx

[Grampa]

hookersandblow r us...... dropped my score 20 points

[ducatiz]

hookersandblow r us...... dropped my score 20 points

well of course because it was trannyhookersandblow R us

[Howie]

Is this much different than auto insurance companies raising your premium due to a bad credit rating (that may be a result of marraige counselling)?  Gotta agree with ducatizzzz here.

[Grampa]

well of course because it was trannyhookersandblow R us

aamco   is a shell name

[the_Journeyman]

Just to comment on Howie's comment.  I will say that I think the insurance rating being affected by credit scores is kinda unfair.  If they can make the insurance payment, insure them until they can't.  My fiacnée replaced her 2004 Malibu with a 2008 Impala.  I put her on the Impala on my policy, as she had been on her own policy with the Malibu.  The Impala is $70 LESS PER MONTH with her covered under my policy.  My credit is a bit better than hers, which is the only reason we can come up with.

Back on topic...  I don't think I like the idea of my visits to the ABC store for bourbon or rum to influence my credit rating...

JM

[ryandalling]

Crikeys.... I agree... not who I would want to do business with...

[Xiphias]

I don't have problem with it if they disclose what is in the formula. I can understand where they are coming from.

[He Man]

anyone want to start a class action? and get some massages while we are at it?

[ducatiz]

I don't have problem with it if they disclose what is in the formula. I can understand where they are coming from.

that's the problem, and why they are paying a huge fine.  they are not disclosing that they cut off previously granted credit for using those kinds of services.

on the other hand, i don't think paying for marriage counseling is a reason to cut off someone's credit, or at least it should not be legal to do so.

i don't have a problem with them raising or lowering your total credit extended by an analysis of how you use your card (which is SORT OF what American Express does, basing it on your purchase and pay off history).

Things like marriage counseling are socially beneficial and it just reeks of immorality to penalize people for it, among other things.

Tire retreading? 

[NAKID]

Tire retreading? 

Some people think retreads are less safe than new tires so it is more risky. Look at it like this, if you buy retreads, you are more likely to have a blowout resulting in an accident which could leave you unable to pay your credit card bill..

[ducatiz]

Some people think retreads are less safe than new tires so it is more risky. Look at it like this, if you buy retreads, you are more likely to have a blowout resulting in an accident which could leave you unable to pay your credit card bill..

[NAKID]

Hey, it's just speculation...

[optiato]

Massages?  Seriously?  I can't function if I don't get AT LEAST monthly massages.  I've had some pretty serious back injuries.  The pain is only relieved with regular chiropractic and massage.

Granted I don't use a credit card (I don't even have one anymore..)

[ducatiz]

Hey, it's just speculation...

sure.

i would bet it is more sinister though.  only certain tires can be retreaded.  typical consumer passenger tires cannot.  CDL-type truck tires are usually retread-able.  I just can't figure out that one.