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To: Kretek
Many insurers are tying their rates to credit "scores;" have a low score and a perfect driving record, and you're still going to pay a high premium.

I just learned something, I guess.

Do you have any web based source for this practice? I'm not saying you are wrong, but I'm facinated by this claim and I'd love to look at it more closely.

59 posted on 04/08/2005 8:20:01 AM PDT by Protagoras (Christ is risen.)
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To: Protagoras

None the less, unsecured credit is just that... unsecured. The contract should stop fraud, not honest people who have gotten into some trouble and need relief.


61 posted on 04/08/2005 8:44:17 AM PDT by MikeReedKS (Create a FREE Internet Memorial Today at http://RememberedByUs.com)
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To: Protagoras

I believe that Geico does this as well, but I am not sure. The credit history is getting a work out in terms of what it is being used for --> the notion of risk for a person.


69 posted on 04/08/2005 9:16:13 AM PDT by technochick99 (Self defense is a basic human right ; Sig Sauer is my equalizer)
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To: Protagoras; A Ruckus of Dogs
Protagoras wrote: Do you have any web based source for this practice? I'm not saying you are wrong, but I'm facinated by this claim and I'd love to look at it more closely.

A Ruckus of Dogs wrote: That's bizarre. What does one have to do with the other?

Here's a story from KDKA-TV regarding this practice.

The slimy corporatist insurance industry rep said, here, "Credit scores have no relationship with how much money a person makes, Harrold noted. Rather, the scores reflect how responsibly an individual manages whatever amount of money he or she earns."

103 posted on 04/09/2005 1:23:33 PM PDT by Kretek
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