May 13 (Reuters) – Credit scores were long something that
lenders got to see and consumers only found out about later.
Now, pretty much anyone can take a look at their credit scores
whenever they want to, but it’s not clear which of those scores
matter. And most scores that consumers see for free are not the
same ones bankers are using to weigh customer creditworthiness.
Consumers remain confused by credit scores, the Consumer
Federation of America reported on Monday. That is not
surprising: With dozens of scores on the market, it’s hard to
figure out which ones count and what they mean. “It can be very
confusing because there are just so many scores,” says Stephen
Brobeck, the federation’s executive director.
NEW YORK (Reuters) – When Roger Simmermaker went shopping for clothes at a Florida mall in the mid-1990s, he wanted to buy American, but to his frustration, he couldn’t find anything made in the U.S.A.
The experience motivated Simmermaker, an electronics technician by trade, to write “How Americans Can Buy American” – a guide to finding products manufactured in the United States, which were a scarce commodity at the time.