Talk of The Villages Florida - View Single Post - The Villages ranked #1 in credit scores
View Single Post
 
Old 05-17-2020, 08:28 PM
dewilson58's Avatar
dewilson58 dewilson58 is online now
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 12,879
Thanks: 1,014
Thanked 11,072 Times in 4,234 Posts
Default

Quote:
Originally Posted by NotFromAroundHere View Post
Depending on what factors from your Credit Score they use, the Insurance Credit Score could be lower, resulting in higher premiums.



The credit reporting companies have tools to help people increase their credit scores. For entertainment, last month I played with the tool. I have one credit card and if I called the credit card company and lowered my credit limit (the limit, not my usage) by $20,000.....it would increase my credit score. Insurance companies are smarter than to buy into that "logic".



I dislike agreeing with myself as well.
__________________
Identifying as Mr. Helpful