From: Greg Fisher [mailto:greg@pagea2.com]
Sent: Monday, June 04, 2012 11:33 AM
To: Sam Zell, Tribune Company; Sam Zell, Tribune Company (alt)
Cc: László Hajmási, DailyRumor.org; Barry Paperno, FICO; Craig Watts, Fair Isaac; John Ulzheimer, The Ulzheimer Group; Jane Hirt, vice president, managing editor, Chicago Tribune; Gary Weitman, SVP, corporate relations, Tribune Company; Elliot Raphaelson, columnist, Tribune Media Services, Tribune Company; Carolyn Bigda, columnist, Chicago Tribune; Gerould W. Kern, senior vice-president and editor, Chicago Tribune
Subject: RE: credit score, utilization ratio, Chicago Tribune II
Credit score expert John Ulzheimer calls the overstatement of the importance of credit utilization ratio a myth. Now there is a copy of your inaccurate article on—get this—DailyRumor.org.
Oh, the irony.
And, there is even a link to your piece on the myFICO Facebook page.
Oh, the ultimate irony.
—
Greg Fisher
Page A2
pagea2.com
PO Box 342
Dayton, Ohio 45409-0342
From: Greg Fisher [mailto:greg@pagea2.com]
Sent: Friday, May 18, 2012 3:57 PM
To: Carolyn Bigda, columnist, Chicago Tribune
Subject: credit score, utilization ratio, Chicago Tribune
In error, you wrote, “Sixty-five percent of your score depends on just two things — your payment history and the amount you borrow compared with the total credit available to you (what’s known as a credit utilization ratio).”
That may be what Wikipedia says, but you are incorrect. See http://www.myfico.com/CreditEducation/WhatsInYourScore.aspx. The proportions of credit lines used and installment loan amounts still owing are only two of 6 items in the category that makes up 30 percent of the score. Indeed, the number of accounts with balances is in that category, but has nothing to do with any ratio.
Where will the correction appear?
—
Greg Fisher
Page A2
pagea2.com
PO Box 342
Dayton, Ohio 45409-0342