the car salesman credit score law
I have (since that last entry) polled others who have dealt with car salesmen and credit scores.
Apparently if it is against the law, it is only in certain situations. Some have told me that car salesmen routinely tell people credit scores when they're using the score as a reason why you can't have such and such a percentage rate on youre financing. the line goes something like this...
"Well, if you could qualify for this wonderful rate we could get you such and such a payment, but since your credit score is this and that pretty much sucks, we can only get you this ugly rate which equates to such and such payment."
So from this I can infer that the law states..."When you need the credit score to screw a customer, you are well within your rights to reveal said score. However, when the score is of no use to you or could be used to your disadvantage, any attempt to disclose said score to a customer is punishable by death."
p.s. From all the attention I'm giving this you'd think I'm really peeved about it. Truth is, it's not that big a deal. I had nothing else in the way of burning issues today and work's a nightmare, so it was more filler than anything. Sorry to subject you to it.
Apparently if it is against the law, it is only in certain situations. Some have told me that car salesmen routinely tell people credit scores when they're using the score as a reason why you can't have such and such a percentage rate on youre financing. the line goes something like this...
"Well, if you could qualify for this wonderful rate we could get you such and such a payment, but since your credit score is this and that pretty much sucks, we can only get you this ugly rate which equates to such and such payment."
So from this I can infer that the law states..."When you need the credit score to screw a customer, you are well within your rights to reveal said score. However, when the score is of no use to you or could be used to your disadvantage, any attempt to disclose said score to a customer is punishable by death."
p.s. From all the attention I'm giving this you'd think I'm really peeved about it. Truth is, it's not that big a deal. I had nothing else in the way of burning issues today and work's a nightmare, so it was more filler than anything. Sorry to subject you to it.
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