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Insurance and credit reports

Discussion in 'Credit Talk' started by lbrown59, Dec 29, 2003.

  1. Dec 29, 2003 #1
    lbrown59

    lbrown59 Well-Known Member

  3. Dec 29, 2003 #2
    ontrack

    ontrack Well-Known Member

    What is likely is a statistical corellation between widespread use of credit report based insurance rates and increases in profitability from consumers with poorer credit reports resulting from coordinating higher insurance price quotes.
     
  4. Dec 29, 2003 #3
    catnap1972

    catnap1972 Well-Known Member

    Or in a nutshell,

    BEND OVER, GRAB YOUR ANKLES AND SMILE!
     
  5. Dec 29, 2003 #4
    8004me

    8004me Well-Known Member

    "You can pay double from one to the other or more. It's very important to shop," Hunter says. "You want to make sure you're not with a high priced company."

    The more you shop the better your chance of landing a better deal on your insurance.

    "Insurance is a very competitive business," Alldredge says. "Get more than one estimate

    =
    Run up your inquiries and take a score hit or get denied new credit because of too many inquires because you shop for insurance !
     
  6. Dec 29, 2003 #5
    GEORGE

    GEORGE Well-Known Member

    SCENARIO---BROTHER--->EX-WIFE applied for a bunch of "JOINT" accounts with-out his knowledge...SHE NEVER PAID...(FRAUD)

    NO ACCIDENTS
    NO TICKETS
    NO CLAIMS

    HE SHOULD HAVE THE BEST RATES...but no...he gets POOR RATES BECAUSE OF POOR CREDIT!!!
     

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