What is Digg?Sponsored by Dragon Age: Origins
See the new YouTube feature trailer for Dragon Age: Origins view!
youtube.com/DragonAge - EA presents BioWare's new dark fantasy epic Dragon Age: Origins. '9/10' from Game Informer.
61 Comments
- PuffyPuf, on 03/16/2009, -0/+19this is kind of a ***** article
- DangerCollie, on 03/16/2009, -1/+19The CRA's can kiss my hairy butt. I'm making it my goal not to borrow money ever again, for anything. My credit reports have been frozen for two years and with a little bit of luck and another couple years, they can stay locked permanently.
The CRA's are right behind credit card companies on my vile institution list. They're a plague on the nation. And before you start the toe-the-corporate-line dribble about the great things easy credit has done for us, you might want to check the GDP. All cheap credit does is encouraging individuals and companies to live beyond their means.
They can all burn in hell as far as I'm concerned. - damntourists, on 03/16/2009, -0/+16my theory is that one of these is involved...
http://img67.imageshack.us/img67/4152/221028kidsta ... - WRXFiles, on 03/16/2009, -0/+15That article had no content. Buried.
The author rambled on for three pages, talking all around the subject, but she never addressed the main question in any meaningful way: How Is Your Credit Score Calculated? - faskill, on 03/16/2009, -0/+15Nice as a general guide but truth be told, the way the Big 3 actually deduce your credit score isn't public knowledge. We can guess, but it's not information freely spread since what comprises the official calculation is a "trade secret".
http://www.ehow.com/how_2001566_understand-fico-sc ... - mateo60, on 03/16/2009, -0/+11One part of the score is calculated by monkeys throwing poo at a wall. However, it's not the most important part.
- gametavern, on 03/16/2009, -0/+10How is mine calculated? Max score minus max score + 2.
- Shawn4168, on 03/16/2009, -0/+8I'm sure this is going to sound like spam, but I have no affiliation with this site. Been using it for about a year and I've been pretty happy with it though.
If you want to monitor your credit score for free, you can do so at https://www.creditkarma.com/
It's an ad-supported site that lets you see your credit score for free, and you can update it once a day. You can see how you compare to others in your demographic, and it gives you tips on how to raise your score.
Obviously, never taking on debt at all is the best option, but unless you plan on paying for your house with cash upfront, it's important to check up on your credit rating on a semi-regular basis, especially with ID theft at the levels that it is now. - beesaretasty, on 03/16/2009, -0/+6I scored a perfect 100.
- jman583, on 03/16/2009, -0/+5It's done by leprechauns.
- Stiles05s, on 03/16/2009, -0/+5It might just be me, but that article ended pretty abruptly.
- anexanhume, on 03/16/2009, -0/+4I co-signed for a car loan while at the same time using my tax return to pay off some credit cards. My credit score went up, even though my net financial responsibility had increased by like $12,000. So, I have no clue.
- drmangrum, on 03/16/2009, -0/+4That doesn't cost them much money, and it does nothing for your credit score. In fact, the credit card LOVES people like you. You're a constant revenue stream.
- plzhateme, on 03/16/2009, -0/+4send them dispute letters and also send FDCPA letters(Debt Validation) to the collection agency which holds the paper of your debt, most collection agencies do not keep these papers organized. do this every 6 weeks until they remove it. if you dont want to do this there are companies that will do it for you, like lexington law firm, credit attorney and a slew of others.
- inactive, on 03/16/2009, -1/+5I think I've finally found a journalistic headshot that scares me as much as Ina Fried.
- MediaCrisis, on 03/16/2009, -0/+4So wait, the fact that my sucky credit accumulated when I was 18 is a good thing? This article should be one sentence: PAY YOUR ***** ON TIME. But it is nice to know some of the subtle nuances of the magical equation that screws me over on a weekly basis.
- inactive, on 03/16/2009, -0/+3Yeah, dude. The credit card company makes 2-3% on every purchase you make which goes to the few small benefits you get from using a credit card (extended warranties and points) but those are nothing compared to 3% of every dollar you ever spend.
- oxdeltaxo, on 03/16/2009, -0/+3Seriously, I would like to see the equation they use.
- mraymond80, on 03/16/2009, -0/+3The credit scoring system is total crap. I've never had a late payment for cars, credit cards, motorcycles, etc in my life. I borrowed money for college and after I finished I was told I would have 6 months from the end date to start repayment on my loans. One of the loans I received, didn't have these same grace period terms. I was to start paying as soon as your last class was over, which was not disclosed to me in my financial aid meeting. Being that I wasn't aware of the situation, 3 months after I graduated I received a letter in the mail saying I need to pay my $10,000 loan off within 3 business days. While trying to get a loan within those 3 days to pay that amount off, my loan was sent into delinquency and reported to a collection agency. I was finally able to get a loan to pay the balance off, but now my credit report shows that I had a delinquent account in 2006, which has a big effect on my credit score, and what I am able to get approved for. I even tried to dispute this with the credit reporting agency's, but said there was nothing they were able to do, and it would be removed after 7 years.
- Argle, on 03/16/2009, -0/+3This article is a fluff piece that says nothing specific about how a credit score is actually calculated. No digg.
- Kali075, on 03/16/2009, -0/+3They say a man should always dress for the job he wants...
- cejones, on 03/16/2009, -0/+3The code that calculates the FICO score should be released as open source, so anyone can calculate their own credit score as well as be able to see what factors are primary ones to improve the credit score.
- plzhateme, on 03/16/2009, -0/+3The fair isaac corp. aka FICO uses the information provided by the 3 CRAs to provide the score. I worked at a credit repair firm for a little over a year. Easiest way to have a good credit score is to avoid debt, while using credit responsibly over a period of time. The longer the period the better your score.
- bmcnally, on 03/16/2009, -0/+2Seems like the fact that you don't take out loans should play heavily in your favor.
Means that you live within your means and try to stay there. - FXNGLAS, on 03/16/2009, -0/+2Paying off the credit cards (unsecured debt) should help more than adding more debt like a car loan (collateral)
- groberts1980, on 03/18/2009, -0/+2With a lame title. It doesn't even really tell you how your credit score is calculated. Things like payment history, credit utilization ratio, etc.
- asskicker32, on 03/16/2009, -1/+3Credit reporting agencies suck. I have ***** on there that they wont take off even though I have written almost 20 letters in triplicate.
I have a PGE in default from Sacramento
a gym membership for a gym that isnt even in my state
$1000 in unpaid debt from the county that I dont know about
Something from San Diego that doesnt has my social security number but not my name and Im still responsible...
I say ***** it and I like to run up thousands of dollars in debt and default on it now. Do that a few times and my credit sucks and these ***** lose thousands of dollars. I think everyone should do this and then credit wont matter at all.
***** those ***** and the banks who support them., - Hellahulla, on 03/17/2009, -0/+2I think it is just because it lacked content.
- MediaCrisis, on 03/16/2009, -0/+2College made me afraid to even look at mine. What I'd like to know is how this alleged "good debt" (like students loans) are factored in, which this article neglected to mention.
- ASSASSYN360, on 03/16/2009, -0/+2I had bad credit when I joined the Air Force and it got worse when I had to let a family member handle my finances while I was at training. I fixed my credit myself because my security clearence came in to question. I never had somone sit down with me and explain credit when I was in college. And I used my credit card to date, buy video games, and enjoy life for months not realizing the consequences. I don't regret getting the credit card I regret not educating myself on responsible use of them and what can happen if the balance is allowed to sit unchecked. It took me 5 years to recover my credit in good standing. Now my credit has recovered and I pay $6 a month to monitor my credit report like a hawk. I have been able to enjoy life better by managing my credit and I am confident I will get loans, apartments, or anything else reliant on my credit..which is everything.
- groberts1980, on 03/18/2009, -0/+1Thank you captain obvious!
- markgl, on 03/16/2009, -0/+1Yeah that is a bummer for those 2. That is one thing you can't save up for therefore you need a loan. I had a car loan and now have a mortgage. Yay, but sad.
- jsffive, on 03/16/2009, -0/+1How is my credit score calculated?
I honestly don't give a *****.
What kind of world have we created, where none of us can live a meaningful life without being anointed by the banks first?
If we had sound currency, where businesses used their profits to invest in their businesses, instead of servicing their DEBTS, the banks would be BEGGING us to borrow money from them at interest. - jshpro2, on 03/16/2009, -0/+1"Keep in mind that every bank does it differently, so your score could vary depending where you apply for credit. That's why if you are turned down for credit at one institution, you should apply to others."
Bullcrap. Although they differ it won't be significant. If you apply at many places the very act of trying so desperately lowers you credit score. If you're like me you have "high number of inquiries" on your report as a penalty. - plzhateme, on 03/16/2009, -0/+1yet...you get free stuff and dont pay any interest.......
- clclark33, on 03/16/2009, -0/+1Yeah, but then you have the things that reduce your credit that are counter-intuitive. I'm in the midst of the mortgage application process and the credit report the bank received on me flagged me (a minor one, but still a flag) for having too much available credit. I have three major credit cards (Discover, Amex, Visa), generally only use the Discover, and my credit line has increased over the years to over $10,000. I pay off the thing every month and it rarely tops $600, but the credit reporting agencies flag even those of us who pay off all our bills on time because we pose a "potential risk" with our high credit limits.
The credit score is fine for a general indicator, but there's still a lot of voodoo in the calculations. - markgl, on 03/16/2009, -1/+2I hate credit! I wish my parents would've warned me how much is sucks. You don't need to worry about a credit score if you do your money right in the first place. forget credit cards and forget getting a loan.
- groberts1980, on 03/18/2009, -0/+1I would say no, it won't hurt your score. Technically you're missing out on 5 months of on-time payments to that store account. But paying off debt like that will only raise your score. You're paying down unsecured debt and improving your credit utilization ratio, which raises your score.
- inactive, on 03/17/2009, -0/+1Lets say I buy a $2,000 item using a store credit card with a 12 month 0% interest deal, make 6 payments each month of $200 on time, and then, during the 7th month, pay off the remaining $800 dollars in a lump sum. Does this hurt my overall credit?
I ask this because I was told that it will, which to me is simply mind blowing because:
A.) From a creditors perspective, it would be best for me to pay off the 0% interest loans asap, so I can go buy something else (possibly with an interest rate attached versus no interest rate with the 0% deal).
B.) I made all my payments on time.
Am I missing something or is the information I received wrong? - bffoley, on 03/16/2009, -0/+1Well then how are they going to make money off all those people who going into hysterics when they see news stories about Super-Internet-Identity-Thieves-Who-Also-Want-To-Kidnap-Your-Children?
- groberts1980, on 03/18/2009, -0/+1According to the submitted article, never taking on debt would yield a ***** credit score. About a third of your credit score is determined by how well you make your payments on time. If you never took on debt, you're never making debt payments, therefore you don't have a good credit history.
- MewtwoReturns, on 03/16/2009, -0/+1so why am I dressed up like a pirate in this restaurant?
- groberts1980, on 03/18/2009, -0/+1Same problem here. I have had one credit card closed and two more lowered my limits, all because of the credit crunch. All those actions affected my score. *****.
- nerdzero, on 03/16/2009, -0/+1I don't know if they need to burn in hell but yes they can go away. I would also be okay with them kissing your hairy butt.
- AvatarofJustice, on 03/16/2009, -1/+2I graduated from college last spring and got my first credit cards within a few months. It's all a big game to me. I use my credit cards for virtually every purchase I make, then just pay them off at the end of the month. Screw the banks, I intend to make them lose money on me. If you can exercise the self control to always pay off your cards, you can just laugh as you collect reward points. Plus I feel safer using a credit card rather than using a debit card that has direct access to my bank account.
- bashnu, on 03/16/2009, -0/+1The mafia uses the ten finger credit score.
- migel628, on 03/17/2009, -0/+1That cleared it up for me, wow! Buried!!!
- groberts1980, on 03/18/2009, -0/+1Article didn't state that you should apply to 15 different places to get credit. My girlfriend just bought a new car, and they had to take her credit app to a couple of different financiers before one would approve her. 2 or 3 is expected when shopping for a good interest rate on a car or house.
- jawmaster, on 03/17/2009, -0/+1It is a relief to find this...
Since I'm just months away from getting my own place, it's critical that I know my score. Imagine my frustration when I found that annualcreditreport.com only links to free credit reports, not scores (unless I'm mistaken?). I ended up having to sign up for a free trial membership with a site in order to get my score, which I of course cancelled IMMEDIATELY after I got the score.
This type of info should be free, period. It's all automated anyway. - ProjectGSX, on 03/16/2009, -1/+2I just wanna know where tha gold at.
-
Show 51 - 62 of 62 discussions
The Digg Toolbar for Firefox lets you Digg, submit content, and keep track of Digg even when you're not on the Digg site. Download the official 
© Digg Inc. 2009
— Content created and posted by Digg users is 