Insurance/Financing Question... Urgent!
#41
Originally posted by Qrazy+November 10, 2004, 1:01 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Qrazy @ November 10, 2004, 1:01 PM)</td></tr><tr><td id='QUOTE'>
What I am saying is that it is the same ifo that gets provided to anyone else that does a credit check. Heck, they even do credit checks for cell phone bills, gas & electric bills etc.
Originally posted by ace0215@November 10, 2004, 12:49 PM
<!--QuoteBegin-Qrazy
<!--QuoteBegin-Qrazy
@November 10, 2004, 12:40 PM
It has your name, your address, your social security number(Even my medical insurance is now changing my account number to NOT be my social security number for my protection), what credit lines you have including all the account numbers to your credit card/cards...Talk about identity theft waiting to happen, some flunky working for an insurance company has all he needs....
Seems pretty personal to me....
It has your name, your address, your social security number(Even my medical insurance is now changing my account number to NOT be my social security number for my protection), what credit lines you have including all the account numbers to your credit card/cards...Talk about identity theft waiting to happen, some flunky working for an insurance company has all he needs....
Seems pretty personal to me....
What I am saying is that it is the same ifo that gets provided to anyone else that does a credit check. Heck, they even do credit checks for cell phone bills, gas & electric bills etc.
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just because it is not tangible does not mean they are not giving you anything. They are giving you a policy (legal agreement?) basically saying if you do damage to you/car/someone else/car that they will take the financial burden. The credit scores come into play just for them to determine risk. It's all based on statistics.
#42
And you're absolutely right about that Qrazy....it's a new thing, just over the last 5 or so years...
The worst part was, at least in Pa, the Insurance companies didn't tell anyone that they were going to start doing it. When Gov Rendell (then Mayor Rendell) started a plan where the city of Philadelphia was going to get more strict with uninsured drivers....then when these drivers went to get insurance was when all of this came to light and Rendell had a fit in the media...but I think he was too closely tied to the Insurance Industry to do anything about it....
The worst part was, at least in Pa, the Insurance companies didn't tell anyone that they were going to start doing it. When Gov Rendell (then Mayor Rendell) started a plan where the city of Philadelphia was going to get more strict with uninsured drivers....then when these drivers went to get insurance was when all of this came to light and Rendell had a fit in the media...but I think he was too closely tied to the Insurance Industry to do anything about it....
#43
no what i meant was that statistically bad credit = irresponsibility. And statistically this "irresponsibility" correlates to irresposibility on the road.
#44
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Again, I will repeat that my credit score with Experian/Equifax is over 750 and I have an Excellent rating with them. If it took you longer to buold good credit, then that's your business, not mine. If I didn't have such a good score, do you think I would be fighting like this?
As far as discrepency, I'm not sure if it applies to me, because TransUnion says they're simply not receiving the info from Chase.... which, at this point, I don't believe, because Chase has sent me evidence they sent stuff out. I did contact a lawyer and he said he thinks I may have a good case if they don't update within the next week or so.
And of COURSE Chase (run by Mastercard) reports to all three bureaus... Mastercard is the biggest credit card company in the world! DUH!
On the insurance quote front, I seem to have found a good rate... around $3,100, or so I'm told. I can live with that. We'll see how it goes.
As far as linking bad credit to car wrecks, I really find that nuts. Your driving record should be considered, PERIOD. Not your credit score, and certainly not what's between your legs (gender). It's sexist to the umpteenth degree. What a nutty logic! Seriously, someone should get a class action suit going against these money-mongers and sue for sexism. It's absolutely not right.
As far as discrepency, I'm not sure if it applies to me, because TransUnion says they're simply not receiving the info from Chase.... which, at this point, I don't believe, because Chase has sent me evidence they sent stuff out. I did contact a lawyer and he said he thinks I may have a good case if they don't update within the next week or so.
And of COURSE Chase (run by Mastercard) reports to all three bureaus... Mastercard is the biggest credit card company in the world! DUH!
On the insurance quote front, I seem to have found a good rate... around $3,100, or so I'm told. I can live with that. We'll see how it goes.
As far as linking bad credit to car wrecks, I really find that nuts. Your driving record should be considered, PERIOD. Not your credit score, and certainly not what's between your legs (gender). It's sexist to the umpteenth degree. What a nutty logic! Seriously, someone should get a class action suit going against these money-mongers and sue for sexism. It's absolutely not right.
#45
Really you folks shouldn't blame the Insurance companies per say... Blame the actuaries. They are the folks that crunch the numbers and come up with the averages that dictate what the insurance comapny does.
#46
Originally posted by OBleedingMe@November 10, 2004, 1:30 PM
Again, I will repeat that my credit score with Experian/Equifax is over 750 and I have an Excellent rating with them. If it took you longer to buold good credit, then that's your business, not mine. If I didn't have such a good score, do you think I would be fighting like this?
As far as discrepency, I'm not sure if it applies to me, because TransUnion says they're simply not receiving the info from Chase.... which, at this point, I don't believe, because Chase has sent me evidence they sent stuff out. I did contact a lawyer and he said he thinks I may have a good case if they don't update within the next week or so.
And of COURSE Chase (run by Mastercard) reports to all three bureaus... Mastercard is the biggest credit card company in the world! DUH!
On the insurance quote front, I seem to have found a good rate... around $3,100, or so I'm told. I can live with that. We'll see how it goes.
As far as linking bad credit to car wrecks, I really find that nuts. Your driving record should be considered, PERIOD. Not your credit score, and certainly not what's between your legs (gender). It's sexist to the umpteenth degree. What a nutty logic! Seriously, someone should get a class action suit going against these money-mongers and sue for sexism. It's absolutely not right.
Again, I will repeat that my credit score with Experian/Equifax is over 750 and I have an Excellent rating with them. If it took you longer to buold good credit, then that's your business, not mine. If I didn't have such a good score, do you think I would be fighting like this?
As far as discrepency, I'm not sure if it applies to me, because TransUnion says they're simply not receiving the info from Chase.... which, at this point, I don't believe, because Chase has sent me evidence they sent stuff out. I did contact a lawyer and he said he thinks I may have a good case if they don't update within the next week or so.
And of COURSE Chase (run by Mastercard) reports to all three bureaus... Mastercard is the biggest credit card company in the world! DUH!
On the insurance quote front, I seem to have found a good rate... around $3,100, or so I'm told. I can live with that. We'll see how it goes.
As far as linking bad credit to car wrecks, I really find that nuts. Your driving record should be considered, PERIOD. Not your credit score, and certainly not what's between your legs (gender). It's sexist to the umpteenth degree. What a nutty logic! Seriously, someone should get a class action suit going against these money-mongers and sue for sexism. It's absolutely not right.
#48
Originally posted by RaGsHoCkEy88@November 10, 2004, 2:16 PM
i would really like to know how much insurance would cost here n NJ for me!!
i would really like to know how much insurance would cost here n NJ for me!!
#49
I don't understand how you can call insurance companies sexist because they charge young males more than young females. Young males cause more accidents than young females by a huge margin. Also the accidents that males are involved in are statistically more severe than the accidents of females.??? I know my friends and I all drove way crazier than any girl I ever knew. Statistics simply don't lie.
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(shrugs) I don't car about what other men do. It's like saying.. well, more blacks are in jail than whites, so that black guy over there must have been the one to steal my wallet. A person should be judged on their MERITS ALONE, not what someone who looks like them has done in the past.
Again, I will repeat, if the coin was flipped and women were being forced to pay more money for insurance due to increased accidents, there would be feminists screeching all over the place. You cannot dispute that.
And I really question your statement about young males. I know plenty of female friends who have HORRID driving records. Constantly speeding, being nasty to cops, road rage, etc. And I, a 21 year old man, have a perfect record. I should not be forced to bear the burden of cost because someone my age/gender acts like an idiot.
Again, I will repeat, if the coin was flipped and women were being forced to pay more money for insurance due to increased accidents, there would be feminists screeching all over the place. You cannot dispute that.
And I really question your statement about young males. I know plenty of female friends who have HORRID driving records. Constantly speeding, being nasty to cops, road rage, etc. And I, a 21 year old man, have a perfect record. I should not be forced to bear the burden of cost because someone my age/gender acts like an idiot.
#51
Originally posted by ZERO@November 10, 2004, 11:31 AM
i bought my car yesterday, and transfered the insurance while at the dealership.
the cost went up $299.00 dollars per year to my policy. that is for my GT and my wifes 98 chrysler cirrus with 250,000/500,000/100,000 coverage.
oh...and i use progressive. it actually isn't bad for a jump from a 97 honda civic to this. at least i think.
i bought my car yesterday, and transfered the insurance while at the dealership.
the cost went up $299.00 dollars per year to my policy. that is for my GT and my wifes 98 chrysler cirrus with 250,000/500,000/100,000 coverage.
oh...and i use progressive. it actually isn't bad for a jump from a 97 honda civic to this. at least i think.
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#52
Originally posted by OBleedingMe@November 11, 2004, 1:13 AM
(shrugs) I don't car about what other men do. It's like saying.. well, more blacks are in jail than whites, so that black guy over there must have been the one to steal my wallet. A person should be judged on their MERITS ALONE, not what someone who looks like them has done in the past.
Again, I will repeat, if the coin was flipped and women were being forced to pay more money for insurance due to increased accidents, there would be feminists screeching all over the place. You cannot dispute that.
And I really question your statement about young males. I know plenty of female friends who have HORRID driving records. Constantly speeding, being nasty to cops, road rage, etc. And I, a 21 year old man, have a perfect record. I should not be forced to bear the burden of cost because someone my age/gender acts like an idiot.
(shrugs) I don't car about what other men do. It's like saying.. well, more blacks are in jail than whites, so that black guy over there must have been the one to steal my wallet. A person should be judged on their MERITS ALONE, not what someone who looks like them has done in the past.
Again, I will repeat, if the coin was flipped and women were being forced to pay more money for insurance due to increased accidents, there would be feminists screeching all over the place. You cannot dispute that.
And I really question your statement about young males. I know plenty of female friends who have HORRID driving records. Constantly speeding, being nasty to cops, road rage, etc. And I, a 21 year old man, have a perfect record. I should not be forced to bear the burden of cost because someone my age/gender acts like an idiot.
#53
Originally posted by ace0215+November 10, 2004, 2:18 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (ace0215 @ November 10, 2004, 2:18 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-RaGsHoCkEy88@November 10, 2004, 2:16 PM
i would really like to know how much insurance would cost here n NJ for me!!
i would really like to know how much insurance would cost here n NJ for me!!
Just be ready for them to pull a credit report too....
I totally understand statistics, and I also understand how statistics can be used to show just about anything, sometimes the very same statistics can be used to show 2 sides to the same topic....So in order for the actuaries to have established that those with poor credit ratings are more likey to file a claim, they must have pulled credit reports (somehow) on every person that filed a claim, and compared them to those who haven't filed claims....Seems fishy to me.....It's just another way for them to categorize a group of people and justify a rate increase on them....heck, I am a 39 year old male, married, 2 children, good credit, clean driving record and my insurance rates go up every 6 months...And have done so for at least the last 10 years....I wouldn't mind shopping around, but I don't want 10 different insurance companies pulling credit reports on me....It's none of their business....
Again, just my opinion....
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#54
Originally posted by OBleedingMe@November 11, 2004, 1:13 AM
(shrugs) I don't car about what other men do. It's like saying.. well, more blacks are in jail than whites, so that black guy over there must have been the one to steal my wallet. A person should be judged on their MERITS ALONE, not what someone who looks like them has done in the past.
Again, I will repeat, if the coin was flipped and women were being forced to pay more money for insurance due to increased accidents, there would be feminists screeching all over the place. You cannot dispute that.
And I really question your statement about young males. I know plenty of female friends who have HORRID driving records. Constantly speeding, being nasty to cops, road rage, etc. And I, a 21 year old man, have a perfect record. I should not be forced to bear the burden of cost because someone my age/gender acts like an idiot.
(shrugs) I don't car about what other men do. It's like saying.. well, more blacks are in jail than whites, so that black guy over there must have been the one to steal my wallet. A person should be judged on their MERITS ALONE, not what someone who looks like them has done in the past.
Again, I will repeat, if the coin was flipped and women were being forced to pay more money for insurance due to increased accidents, there would be feminists screeching all over the place. You cannot dispute that.
And I really question your statement about young males. I know plenty of female friends who have HORRID driving records. Constantly speeding, being nasty to cops, road rage, etc. And I, a 21 year old man, have a perfect record. I should not be forced to bear the burden of cost because someone my age/gender acts like an idiot.
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