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Funny Money Friday: A Prime Time News Perspective on Credit Scoring

Money doesn't have to be boring! Each week, CreditBloggers.com takes a look at the lighter side of the personal finance world in a series called Funny Money Friday.

One of our credit experts, John Ulzheimer, appeared on CBS Evening News last night talking about credit scores. It was part of their series Life and Debt in America that is painting a grim portrait of our personal finances.

The story is technically accurate, but somewhat hilarious in the ominous way the facts about credit reports and scores are presented. FICO isn't your friendly neighborhood credit scoring company, but a massive secret location Death Star full of servers blinking away with all your personal data. The graphic below is one of my all time favorite TV illustrations:
Fico












I have a feeling the PR people aren't going to be too pleased. Click here to watch the 3 minute segment for yourself. Happy Friday!

Emily Davidson – A former TransUnion insider and a member of Credit.com's expert team. Emily writes about credit reports, credit cards, loans and personal finance as the CreditBloggers.com editor.


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Posted by EmilyPeters on April 04, 2008 at 09:47 AM |

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Bringing together leading experts to discuss credit, loan, debt and identity theft topics, CreditBloggers provides readers with unique insight and straight answers about the financial world. This credit blog is moderated by Emily Peters, formerly a TransUnion consumer credit expert.

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Disclaimer: This information has been compiled and provided by Creditbloggers.com as a service to the public. While our goal is to provide information that will help consumers to manage their credit and debt, this information should not be considered legal advice. Such advice must be specific to the various circumstances of each person's situation, and the general information provided on these pages should not be used as a substitute for the advice of competent legal counsel.