FICO score
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Sorry, just had to shake my head for a second. Check this out, and you'll see why.
The numbers say that about 50 million Red, White and Bluers don't have a credit history. So what does Fair Isaac, the creator of the FICO score, do when it hears that? It puts up a new scoring system to help people having a tough time getting credit ... to get credit. It's gets its information from your record at payday loan lenders, rent-to-own companies and places that blacklist you for writing bad checks. That's pleasant, ain't it?
They call it the FICO expansion score, which is credit talk for "there's still a little more blood we can suck out of this one." Here's a tip for the ones who are into the whole payday loan company deal, and who bounce checks like a basketball team ... THE CREDIT THING AIN'T WORKIN' FOR YOU! What will work is living on less than you make.
If you wanna sink yourself, then tie an anchor around your neck and hit the high seas. The longer you fool around with a FICO score, the more trouble you're gonna get into.
Don't tell me that you're going to do things differently this time. The fact that you're getting into this jazz is what's bad. Live on cash ... bottom line. And speaking of the bottom line, if you're using cash, it won't be red.
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Sorry, just had to shake my head for a second. Check this out, and you'll see why.
The numbers say that about 50 million Red, White and Bluers don't have a credit history. So what does Fair Isaac, the creator of the FICO score, do when it hears that? It puts up a new scoring system to help people having a tough time getting credit ... to get credit. It's gets its information from your record at payday loan lenders, rent-to-own companies and places that blacklist you for writing bad checks. That's pleasant, ain't it?
They call it the FICO expansion score, which is credit talk for "there's still a little more blood we can suck out of this one." Here's a tip for the ones who are into the whole payday loan company deal, and who bounce checks like a basketball team ... THE CREDIT THING AIN'T WORKIN' FOR YOU! What will work is living on less than you make.
If you wanna sink yourself, then tie an anchor around your neck and hit the high seas. The longer you fool around with a FICO score, the more trouble you're gonna get into.
Don't tell me that you're going to do things differently this time. The fact that you're getting into this jazz is what's bad. Live on cash ... bottom line. And speaking of the bottom line, if you're using cash, it won't be red.
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