Do you know your E-Score?

December 29, 2013

You may know your credit FICO® Score and how it affects you positively or negatively.


But do you know your E-Scor­e?


What is Propen­sity Scor­ing and what does it do? Well, let me tell you so we are crys­tal clear. It will not get you out of speed­ing tick­ets. What propen­sity scor­ing will do is give lenders, advertisers and marketers the abil­ity to iden­tify spending behaviors of different classes of consumers based on purchasing/inquiries— online and offline activities.  Propen­sity Scor­ing enables companies to secretly assign an E-Score to consumers that they are unaware of.


Scoring is bad when it is used to make a decision about you that you don’t know about and doesn’t amount to traditional credit score, and therefore these scores cannot be governed by the Fair Credit Reporting Act.  Could E-scores create an invisible two-tiered system?


How would employers, home loans lenders, insurance companies, payday loan companies use E-Scores?

Please reload

Featured Posts

Ask Marie: That Could Trigger an IRS Audit?

June 25, 2016

Please reload

Please reload


Follow Me
  • Grey Facebook Icon
  • Grey Twitter Icon
  • Grey Instagram Icon
  • Grey Pinterest Icon

3701 Long Beach Blvd. Suite 100, Long Beach CA 90807

Tel: (877) 828-8877

  • Facebook - White Circle
  • Twitter - White Circle
  • White Yelp Icon
  • LinkedIn - White Circle
  • YouTube - White Circle

© 2020 Wealth Management Financial Advisors, Inc. All rights reserved.