Insurance companies use FICO scores to help them determine rates. This is absurd. This basically says those who have more debt are better drivers.
There has been little backlash against the practice because seven out of 10 people live paycheck to paycheck and have an average of $9,000 in credit card debt spread over nine separate loans/cards. I gladly will pay a little more for insurance before I go into debt.
More Debt Management
There has been little backlash against the practice because seven out of 10 people live paycheck to paycheck and have an average of $9,000 in credit card debt spread over nine separate loans/cards. I gladly will pay a little more for insurance before I go into debt.
More Debt Management
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