Financial Boost is BS

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Many American consumers are angry about the entire concept of a 3 digit credit score controlling the quality of their life. Interest rates on loans, employment checks, rates on insurance policies all depend on high or good your credit score.

Enter a major player and financial terrorist Experian who now produces or calculates an INACCURATE credit score in return for their corporate profitability. They are exploiting the financial illiteracy of the typical ignorant US citizen with their latest gimmick named Experian Boost. 

A credit score is base in order on 
  1. How many late credit card, mortgage or other type of loan payments you have.(No late payments is obviously the goal here)
  2. The percentage of all your credit limits that you actually use/charge. This is called credit utilization in the finance industry. 
  3. Number of new accounts(too many is considered desperate)
  4. Number of inquires(hard or soft) for new lines of credits. This means potential lenders checking up on your financial accountability and overall credit worthiness to determine whether to accept your application for a new credit line, a car loan being the most common example.
So why is Experian's Boost sales pitch the root of all evil? We dug deep into the problem by contacting their spokesperson Greg Young. His response of improving thin credit data was not satisfactory. We directly asked him why paying utility bills on time should elevate your FICO score if you were delinquent on credit payments and had resorted to the desperation of pay day and title loans? No reply from the Experian spokesperson. Steve Bucci also never directly answered this important concern other than stating he is a fan of the Boost promotion. No possible conflict of interest RIGHT.


AMRITA JAYAKUMAR was slightly more honest about how the Boost gimmick is not an accurate reflection of one's true long-term credit worthiness, but never really stated as much. What is really pathetic is Experian openly discloses  missed utility or cell phone payments will not hurt your score!!

Conclusion: Experian Credit Score is NO LONGER A RELIABLE resource for lenders to determine whether to lend or not to lend!!!

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