Straight talk about the convoluted world of credit scores from author Evan Hendricks, who says it’s all a game to make you cough up more dough.
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Um…duh?
Does anyone know how I let the credit agencies know about a new job? They have me listed at my old employer, and because I make more at my new job, it affects things like debt-to-income ratio.
I pay American Express about $12/month for continual credit score monitoring, unlimited credit reports and promised “help” in clearing up any issues I see on said reports.
It seems to be worth it, I have yet to (thankfully) test the last option.
@FatLynn: hmm… I’m not sure your salary is even reflected on you credit report… isn’t that why most creditors ask for you to list/verify your income on the application?
@ceejceej: Correct. Salary is not reflected on your report. The ratio I believe FatLynn is talking about is the debt to limit ratio.
$144.00/yr to essentially get a credit report whenever you want? When you can get one per year free as mandated by Federal law?
Doesn’t seem the wisest use of your valuable money, BillyShears…