Comments on: Are You Selling Your Credit Score?

By: shiying

shiying — Thu, 08 Oct 2009 01:31:32 +0000

I like the post, and I agree somewhat with, To be very truthful.

By: straightener

straightener — Wed, 02 Sep 2009 07:31:11 +0000

I’m very careful about our credit score, even with the huge credit card arbitrage.
But you’re quite right that since it’s a valuable currency we should be careful what we actually spend it on.

By: A Breakdown of The Credit Card Debate | Antishay Ventenne

A Breakdown of The Credit Card Debate | Antishay Ventenne — Wed, 02 Apr 2008 04:59:33 +0000

[...] Pinyo at Moolanomy talks all about Selling Your Credit Score [...]

By: Waiting for My CFA Material and Linking to You | Personal Finance Blog by Money Ning

Sun, 23 Mar 2008 15:31:15 +0000

[...] asks whether we’ve sold our credit scores!Ã‚ Confused?Ã‚ Check out the [...]

By: Weekly Roundup: Easter Egg Edition | Frugal Dad

Weekly Roundup: Easter Egg Edition | Frugal Dad — Sun, 23 Mar 2008 14:30:27 +0000

[...] Are You Selling Your Credit Score?Ã‚ Of course, not all of these are bad, but as Pinyo points out you must pay these things off when the bill arrives or interest and fees can wipe out any gains you make. (@Moolanomy) [...]

By: Links for Easter Weekend: Help Me Name This Saturday

Links for Easter Weekend: Help Me Name This Saturday — Sat, 22 Mar 2008 18:03:31 +0000

[...] Pinyo published an excellent response at Moolanomy about whether and when you sell your credit score. In Rocket’s case, it was for $5000 which helped them meet a tight budget. But you may be [...]

By: Pinyo

Pinyo — Fri, 21 Mar 2008 15:23:01 +0000

@Plonkee – Does credit score works the same way in England? How’s the mortgage rate now? I am just curious about your timeframe.

@Patrick – I don’t think I ever signed up for a T-Shirt. I think $100 may be worthwhile — depending on your situation.

@My Dollar Plan – I don’t know how you do it with all your credit cards, but you must have really strong credit history, or a family member in each of the credit agencies

@Aaron – True to a degree — more and more companies are using this as a guage — i.e., if you switch job, trying to get better insurance rate, etc.

Although I do agree that trading it for rewards might be the best option for some people.

@List – That’s great about paying off in full every month. I don’t know if I would turn down $250 either.

By: Friday Finance Findings for March 21st : Generation X Finance

Friday Finance Findings for March 21st : Generation X Finance — Fri, 21 Mar 2008 15:00:23 +0000

[...] Are You Selling Your Credit Score? – You may not even realize it, but some common actions may actually be no different than selling your credit score. Those store card discounts and freebies may add up and cost you a few points on your score. [...]

By: Lisa

Lisa — Fri, 21 Mar 2008 12:27:31 +0000

I pay my credit cards off fully every month. It’s the only way to go.

I’ve also made $250 this year on credit card sign up bonuses. I suppose I should feel guilty. Nah! Those credit card companies often use misleading advertising and gimmicks to take advantage of unsuspecting people. Good to get them back!

Lisa

By: Friday Stack: holy traffic, Batman! | rocket finance

Friday Stack: holy traffic, Batman! | rocket finance — Fri, 21 Mar 2008 08:04:25 +0000

[...] at Moolanomy, was very interested in how we sold our credit score and wrote a long list of ways to benefit from a high credit score. Just remember that a low credit score can get a person into a [...]