Three credit report Las Vegas

The Massachusetts Association of Insurance Agents (MAIA) last week launched a petition drive to prohibit carriers from setting rates based on credit scores, education or the type of work a consumer does. “three credit report Las Vegas Using these factors to set auto rates is simply unfair, discriminatory and unreliable,” MAIA President Frank Mancini said in a statement. The Property Casualty Insurers Association of America (PCI)—which represents more than a thousand insurers nationwide—shot back, saying it was “disappointed” by the MAIA’s efforts. PCI pointed out in a statement that Massachusetts already has an administrative rule against credit scoring. MAIA officials, who believe that auto premiums should be determined by consumers’ driving histories, said the rule is insufficient protection. In addition to the ballot measure, the association is supporting a Senate bill that would outlaw credit scoring. The fight over credit scoring has three credit report Las Vegas raged across the nation for the past decade. Insurers tend to support the use of credit histories, holding that credit status is three credit report Las Vegas a reliable predictor of risk that helps them price policies more accurately. credit agency But many consumer groups say three credit report Las Vegas the practice is unfairly discriminatory, with those who can least afford them being stuck with the highest rates and minorities disproportionately viewed as credit risks. According to the Insurance Information Institute, at least 27 bills aimed at curtailing credit scoring were introduced to state three credit report Las Vegas legislatures nationwide in 2010. In a 2007 report, the Federal Trade Commission reported that the practice helped three credit report Las Vegas carriers to more accurately gauge risk. But it also stated that the reasons for this were unclear and that minorities are considered higher risks as a result of credit scoring.

Source: http://www.ftc.gov/os/2007/07/P044804FACTA_Report_Credit-Based_Insurance_Scores.pdf To read more about this and other auto insurance issues, go to http://www.onlineautoinsurance.com/compare/ where you will find informative resource pages and a three credit report Las Vegas free-to-use quote-comparison generator. official free credit report

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Related Credit Report Scores Press Releases NationalCreditReport.com® Reminds Consumers That Tax Season is a Smart Time to Check Their Credit Reports and Scores Delray Beach, FL (Vocus/PRWEB) April 13, 2011 NationalCreditReport.com®, a leader in credit report, credit score and credit monitoring services, reminds consumers that when theyre doing their taxes and have their finances at their fingertips, is also a smart time and a good reminder three credit report Las Vegas to check their credit reports and scores. NationalCreditReport advises consumers to check their credit report at least three credit report Las Vegas quarterly, especially for those working on raising their credit score, to identify any inaccuracies and to view their credit as potential lenders three credit report Las Vegas see it. We think tax season is a logical time to do it because finances are already top-of-mind, said, Samuel S. Ambrose, Vice President of Marketing & Operations for NationalCreditReport.com. Since a credit score is like a birds-eye view at ones finances, checking their credit now is an easy step for the consumer to include in their tax time routine because theyre already thinking about their financial situation. cancel free credit report

NationalCreditReport recently launched three credit report Las Vegas a new product offering that allows consumers to simply buy their credit reports with no trial of three credit report Las Vegas a credit monitoring service. This one simple transaction does not include automatic enrollment in any free trial or recurring billing subscription programs. This ensures that the consumer does not have to be bothered by having to call and cancel and no monthly credit card charges.