Forum
|
|
Forum
|
     | Wednesday, January 05, 2000 - 10:55 am  I've had some problems recently with girlfriends and I'm considering running credit checks on all new applicants. The problem is, of course, that who can say if a FICO score would be a good predictor of compatibility so that got me to thinking that a custom score could (should?) be made up to indicate a person's desirability as a mate. I spoke to Fair Isaac on it, and they suggested that it wouldn't be worth my money unless it was set up like a business, so that got me to thinking about starting a matchmaking business and having a person's credit run and their application and credit score distilled to one master score that would predict a person's statistical desirability, perhaps the chance of cheating or divorce or being abusive. What do you guys think?
|
| | Wednesday, January 05, 2000 - 12:04 pm Also a single male, and in the South Florida area of all places, I would routinely ask for their dating score before I asked for a copy of their recent AIDS blood test. Priorities. There is actually FICO model that is used to predict bankruptcies, so why not one to predict future divorces. They're expensive! Instead of a Beacon (warning sailors away from the rocks), you could call it the Supernova. I heard that someone hacked into the secret files where they store the data gathered when they considered a mathematical dating model, and what I remember from the proprietary info is that empirically: Women who have way too many credit cards evidence that they do not get emotionally attached to anything, or anyone, and have no problem leaving their men at the first sign of a someone with a lower annual percentage rate, I mean bigger biceps. Subtract points. Women who re-affirm credit cards and keep them even after a bankruptcy, historically evidence an ability to maintain an emotional attachment to one man. Add points. Women who use one credit card to pay another and so on, they swing. Add points. No I mean subtract points. Women who serially file multiple bankruptcies every 6 years remarry easily. Subtract points. Women who get credit card insurance for fear that they won't be able to pay in the future, they have a hard time committing and usually ask for prenuptual agreements. Women who use file segregation (new social security numbers) to get all new credit identities, they get plastic surgery. Add or subtract points depending on whether an operation is needed. Women with too many inquiries flirt too often. Subtract points. Women with R9 charge-offs do not deal with their marital problems and just ignore them, and you end up sleeping in separate bedrooms, hence the added costs of building an addition to your home, the cost of which actually hurts YOUR dating score. Subtract points. Women who have 100 word consumer statements attached to their credit reports deal with their problems by publicizing to their in-laws and friends, instead of talking to you. Subtract. Sean, I hope I am right that you were joking and that you were making a point about the arbitrariness of mathematical models. If not, I apologize and wish you luck in this venture.
|
| | Wednesday, January 05, 2000 - 01:34 pm haha ... I thought your post was cute, but no I was semi-serious. Unfortunately my credit reseller has informed me that credit reports for dating purposes are outside of their licensing agreement with the credit reporting agencies and that they wouldn't be allowed to sell me reports for that purpose... I have calls in to Equifax and Experian but I'm not holding my breath. Looks like the best method would be to have them obtain and provide their own credit profile (at $8.00 cost) for me to manually underwrite, but that wouldn't provide scores. Although considering I'd have no way of knowing the correlation from their credit score to their dating habits, it wouldn't be that useful. Perhaps a manual review would be best ... for now. Although it would be best from a variety of standpoints to have the credit reporting agencies include divorce information in a person's credit profile. It would cut down on the possibility of one of the partners applying post-divorce for joint credit, so it would have a legitimate financial purpose. I believe divorce is a matter of public record. From there we could proceed to divorce prediction algorithms and perhaps market it to divorce attorneys. Perhaps I should buy Fair Isaac stock after all.
|
| | Wednesday, January 05, 2000 - 02:53 pm Sean, you got me again, was sure you were being sarcastic. So, did you find a correlation between your uhm, non performing girlfriends and their credit (scores) and card habits?
|
| | Wednesday, January 05, 2000 - 02:56 pm Well, the one I had a problem with had 9 charge offs on her credit profile. I think I would've managed to steer clear and it would've been nice to say, "Why do you have so many charge offs" and have her say, "It's because of my damn husband that I haven't divorced yet." I think that would've cleared up the whole situation very nicely.
|
| | Wednesday, January 05, 2000 - 03:07 pm voigtkampff: Funniest thing I've read in awhile. Can I get your permission to post this on my site? Kristy
|
| | Wednesday, January 05, 2000 - 07:21 pm Sean. Don't I feel like an ass. I should have realized that my interpretation of your post was inconsistent with your prior positions on scoring. Sorry. Now I am certain that I am misunderstanding you on your 6:34 pm post. You said that the scores would not help you because you don't know the correlation to dating, so you are considering doing a "manual review." OK let me tread lightly here. You can't mean that you are going to derive empirical data by sleeping with a lot of women. Please tell me that is not what you meant. Sacrificing your body to science. If I'm wrong again, I pre-apologize. Sure Kristy, but I can't imagine why you want that. Hope your motivation is not to humiliate the bankruptcy attorney. Sean, little offense intended, but this whole thread is making my head spin. I sincerely think that the reason why none of your usual antagonists have attacked yet is because they are stunned.
|
| | Thursday, January 06, 2000 - 07:47 am First of all let me say it is only quasi-serious. I have put out some feelers to see how people would feel about this and I do have some responses. Part of it is just frustration talking.
|
| | Thursday, January 06, 2000 - 02:33 pm Sean, glad for the "quasi" clarification. For me at least, after I got over the slight embarrassment, your post had the same flavor as one of Stern's shock-radio comments. I know that this is off topic, but you opened the door, and I'll be brief. As far as frustration, there is no way that the single scene where you live is worse than South Florida. Based on what I hear from the bar scene, a regionally-enhanced FICO dating score for this area would probably attach numerical significance, in order of priority, to: (1) What kind of car(s) does consumer drive? (2) Sexual preference? (3) Allergies to foam-dancing? the Swing? Wait that goes in (2). (4) Income? (5) Drugs? With you now? Genuine contemporary issues and concerns. Sad. But what about the more conventional issues, where you may (apparently) have been lied to in the past. Religion, past marriages & children, occupation, education, weight, no your other weight. I hate liars. But I can't help but understand why single people lie in this context. And I offer my opinion on that to reduce your frustration. It's the same reason why some people hate credit scoring. We all hate to be judged on criteria that we feel that is not truly indicative of who we really are. We want someone to give us a chance, to prove that we are worthy. Just a chance. Just as we acknowledge that a creditor has a right to understand the risks of a future financial investment, so do we understand that the other single person has a right to understand the risks of a future emotional investment. We don't care. But maybe that is because we feel that we shall vindicate ourselves by proving our emotional credit-worthiness, given half a chance. And prove that the empirically validated dating criteria did not mean anything in our particular case. Perhaps you would look good on a dating FICO score, but pity the people who would not and understand why they try to manipulate the system. Again, I do not agree with the lies. I simply offer my opinion of why they do it so that you don't embarrass me again. Hey Christine, I just realized that I actually enjoy these sort of posts more than the credit issues. Do you think you can squeeze in another category between Credit and Finance? :)
|
| | Thursday, January 06, 2000 - 04:13 pm voigtkampff: I want to publish it just to give someone else a laugh. It will also point out the whole ridiculousness of the credit scoring system. I can give you anonymous credit if you like. And as regards to why we haven't attacked Sean, anything this humorous should be encouraged.
|
| | Thursday, January 06, 2000 - 04:29 pm voigtkampff: Hey you're famous: http://www.creditinfocenter.com/creditreports/scoring/scoringinfluencesondates.shtml
|
| | Sunday, January 09, 2000 - 08:57 am Sean As a single man 43, reasonably attractive with a secure job that I can retire in 9 years with full pension, a paid for new truck, a reasonable but not great salary ($40,000's), no kids, open minded, nonjudgemental, etc. After stating that, I feel LUCKY just to get a date in the Dallas Texas area. I couldn't care Less about my dates credit history-unless of course you are REALLY looking for a buinsess partner and not pure companionship. Chill Out! Richard
|
| | Sunday, January 09, 2000 - 05:25 pm Voigtkampff: You posted: Hey Christine, I just realized that I actually enjoy these sort of posts more than the credit issues. Do you think you can squeeze in another category between Credit and Finance? :) Yeah, voigtkampff, what do you propose? Dating ...? I sure could use some laughs again!
|
| | Monday, January 10, 2000 - 05:47 pm Christine, I run the risk that you stick me in the Spam category, but please bear with me. And unfortunately, it's more abstract than funny. In the January, 2000 Glamour (pg 78) is an article entitled "How Did She Fake You Out On The First Few Dates?". (This goes to Sean's frustrated plea about people who don't even admit that they are still married.) No, I don't have a subscription to the magazine. Sean's post reminded me of how much people lie for fear that they will be judged prematurely. Most rational people hate racism, sexism and discrimination on the basis of occupation ("FIRST WE KILL THE ATTORNEYS!!"), religion, nationality, etc. Such discrimination can even be illegal. This is just a thought. Isn't there something a little wrong with allowing people to be prejudged by criteria which (even if it accurately predicts behavior) is often inaccurately reported. I refer to credit scoring criteria. I honestly lean in Sean's direction and support credit scoring. (I just want complete disclosure). But on the other hand, since the inaccurate reporting can lead to prejudgments that have as strong and adverse an affect on our lives as race, sex, etc. prejudgments, why isn't there a law with as much bite that punishes race considerations? That's not abstract, is it? I really would love a Dating section though. Just to theorize as to why people act the way they do.
|
| | Monday, January 10, 2000 - 07:55 pm voigtkampff, First of all, this is not spam, as it is relevant to both this discussion as well as the credit category in general. Second, you got the dating section. Well, everything else we should discuss in the new Dating section and under credit scoring. I actually used to also say that scoring is fine as long as everything is disclosed, and scores can instantly be corrected if they're based on incorrect data, but the more I learn about it, the less I like it. I have yet to see a response to my FICO Fraud page at http://www.bayhouse.com/FICOisFRAUD.html Also uploaded the new FICO page at http://www.bayhouse.com/FICO.html and the Transamerica pages at http://www.bayhouse.com/transamerica.html There's going to be lots to discuss.
|
| | Thursday, March 01, 2001 - 07:29 pm As one of the all time best I moved this topic out of the "old" section.
|
Credit Forum CreditCourt Forum 2003 Credit Suit CreditFactors Order Credit Reports |