Previous correspondence with CompareCards.com
From: Greg Fisher [mailto:greg@pagea2.com]
Sent: Wednesday, August 29, 2012 11:58 AM
To: Chris Mettler, founder and CEO, CompareCards.com
Subject: RE: Interview Inquiry, myths
See https://www.pagea2.com/?p=390.
One of your videos, “CREDIT SCORES 101,” states, “Today, credit scores play a part in everything from getting a home, owning a car, to getting a job.”
Born of three years of following that myth, Page A2 is about misinformation, its consequences, and how media deal with correcting and counteracting it.
There is no evidence to support either of your claims. Over two months ago, you said that you would make a correction to one of them, but you did not. What happened?
My name is not Gregg.
—
Greg Fisher
Page A2
pagea2.com
PO Box 342
Dayton, Ohio 45409-0342
From: Chris Mettler
Sent: Tuesday, August 28, 2012 11:33 AM
To: Greg Fisher
Subject: Re: Interview Inquiry, insight
We still doing an interview?
From: Chris Mettler
Sent: Monday, June 11, 2012 5:03 PM
To: Greg Fisher
Cc: Chrissy Bunkley, marketing & communications Specialist, CompareCards.com
Subject: Re: Interview Inquiry, insight
Hey Gregg-
Thanks for your question … I’ll just respond with what I believe I know …
When I made the below statement, I’m making an assumption that credit scorers don’t like to really see balance carry of above 30% in a given month. Obviously, the higher this number, the more chance of a lower credit score. I used 30% as a good threshold to stay under.
So, assuming that about 30% of your overall credit score is based on “Balances or Amount Owed”, I would estimate that 10% of the 30% number is attributed to the number of accounts with balances. Multiple revolving accounts with balances might signal that someone makes purchases beyond their means if they can’t pay this off each month.
Also, my wife grew up in Oakwood and loves Dayton – a throwback spot in this country – go Flyers!
Chris
From: Greg Fisher
Sent: Monday, June 11, 2012 12:25 PM
To: Chris Mettler, founder and CEO, CompareCards.com
Cc: Chrissy Bunkley, marketing & communications Specialist, CompareCards.com
Subject: RE: Interview Inquiry, insight
You wrote: “The overall score is tabulated using several different categories of information that are each weighted depending upon their financial importance to lenders. Some account for 15 percent of your score, for instance, while other categories of your credit performance are worth more than that. Once of the biggies is the amount[SIC] owed, or in other words how much debt you are carrying compared to how much credit you have offered to you. According to Fair Isaac, credit utilization is a key factor in the amount[SIC] owed category – and that category makes up 30 percent of your score.”
If “amount[SIC] owed, or in other words how much debt you are carrying compared to how much credit you have offered to you” “and that category makes up 30 percent of your score,” then what percentage is made up by the Number of accounts with balances?
—
Greg Fisher
Page A
pagea2.com
PO Box 342
Dayton, Ohio 45409-0342
From: Chrissy Bunkley
Sent: Friday, June 08, 2012 4:04 PM
To: greg@creditscoring.com
Subject: Interview Inquiry
Hi Greg,
I’m reading over the Credit Score blog and notice that you feature a wide variety of topics on all things credit score and finance. I hope you don’t mind that I am using the email address that I found from one of your previous posts in where you personally contacted Rubert Murdoch and called him out for misreports of credit scores and job candidacy. You’ve got some guts and I like it!
Let me back up, I’m Chrissy from CompareCards.com, an online credit card comparison website. I’m writing to you because I’d like to offer you the opportunity to interview our founder and CEO, Chris Mettler. Chris has been educating consumers on credit card trends since 2005. His wealth of knowledge in financial responsibility is both informative and actionable for consumers and entrepreneurs alike.
Chris has been featured and interviewed in a number of news outlets, which you can find here: http://www.comparecards.com/in-the-news
If you are interested in this idea, I can connect you with Chris directly, who would be happy to share his insight with your readership.
Please let me know if you have any questions or would like to hear more about this opportunity.
Best,
Chrissy
———-
Chrissy Bunkley
Marketing & Communications Specialist
www.comparecards.com