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?
Subscribe to the podcast through iTunes and new episodes will show up every week!
Never subscribed to a podcast before? Here’s Apple’s fantastic tutorial.
Would you rather listen on your smartphone? Try Stitcher or the iPhone podcast app. We’re available on both platforms, as well as Windows Phone, Blackberry Podcast App, Podcatcher, TuneIn, and more!
SHOW NOTES
< 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:
Joe, do you have the links for the military article you referenced in the beginning of the show? At least I think it was this show since I binged on your podcasts this weekend to catch up. I wanted to share it with Doug Nordman of the-military-guide.com because his site is focused on military issues. Thanks, Lee.