"(They said) 'We don't care, we have to get a credit score and without that credit score, we can't make the loan and we can't get a credit score because you're deceased. Now we know you're not deceased, but they think you are. So we're not going to do this loan,'" Kerr said.
Tis a problem? Hey, we don't care that you're not dead and have a credit score of 800, Experian says you are dead so we're going to deny you a loan!
Think these credit scoring agencies have just a little too much power?
Howe's Experian credit report had her listed as deceased. One of her creditors had reported her as dead.
Ok, who thinks credit scores needs to be regulated after this story from Mother Jones.
TODAY'S TWO MINUTES HATE....Here's the latest reason to hate credit card companies: Shop at Wal-Mart, obviously a sign of financial distress, and your credit limit gets lowered. Hallelujah!
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