President of Consumer Education for Credit Sesame, John Ulzheimer joins us to talk credit….specifically, can your age be used against you on a credit report? The answer…..yes! However, you’ll definitely have to hear the rest of this story. We’re talking about the real reasons you’re approved (or denied) credit on today’s show!
Also, while we had John’s attention, we had to ask him about alternate credit scoring. Has it advanced at all lately? Is there any new news?
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< 00:58 > Stackingbenjamins.com/Amazon
< 2:26 > Interview with John Ulzheimer
“It’s one of those catch-22’s. Is it better to be young or old for your credit?”
“Credit scoring systems work.”
“People tend to pay their bills properly as they age.”
“A lot of people conclude that looking at how old you are is frowned upon professionally and legally.”
“People who are older tend to score extremely well comparatively to the general population.”
John’s book can be found at: