topic Re: One-third of nation flying blind with credit in Understanding FICO® Scoring

One-third of nation flying blind with credit

Anonymous — Mon, 25 Jun 2007 06:44:15 GMT

Article says 32 percent don't check it, but I daresay from looking at the poll results it is actually far higher than 32 percent.

http://www.bankrate.com/brm/news/financial_literacy/June07_credit_score_national_poll_a1.asp

Mistakes on credit reports can be costly, and not only when shopping for a mortgage. Our latest national poll reveals that 32 percent of Americans surveyed say they never check their credit reports, meaning they have no idea whether the information on their reports is correct. Considering the fact that reports often contain inaccuracies, there’s a large chance that tens of millions of Americans are throwing money away needlessly each month.

Re: One-third of nation flying blind with credit

fused — Tue, 26 Jun 2007 01:30:10 GMT

I would say the rate is much higher amongst the posters at this forum

Re: One-third of nation flying blind with credit

fused — Tue, 26 Jun 2007 22:02:49 GMT

Bump

Re: One-third of nation flying blind with credit

Anonymous — Fri, 29 Jun 2007 08:38:54 GMT

fused111 wrote:
I would say the rate is much higher amongst the posters at this forum

Remember, that's 32 percent who admit they never check their credit. I daresay the reality is it's a whole lot higher. Maybe 50 or more percent who truly never check their credit on their own.