For those of you in NY, see this link about what Senator Chuck Schumer has to say on Credit Scoring. http://www.senate.gov/~schumer/html/secret_credit_ratings_cause_th.html Very interesting Reading. I got this link from G. Fisher's website and thought it worthy to post.
Well, it's about time the federal government has woken up. I applaud Senator Schumer's efforts on speaking out against the secrecy of the FICO scores and its affect on home ownership. I just wish more state representatives would focus on such an issue. Dani PS Thanks for the article Erica. Hope everything is going well. How did finals go?
Dani, Thanks for asking about finals. I think I did ok, but still waiting for final grades. I agree that the Feds need to take action regarding information in our credit files, this includes the scoring model. It's gonna take time.