7 secrets your credit report won't reveal

The whole credit reporting industry is a scam.  Sure some people have bad credit.  I can't argue that but I know that my credit history is with hardly a blemish.  A recent credit check run by a bank reported to me was that my FICO score was 823.  Maybe I'm wrong but I heard 850 was the highest FICO score you could have.  I suspect that no one gets a perfect score.  I have no record of late payments.  My credit report shows all accounts marked paid as agreed.  I paid my 30 year mortgage off 20 years early.  However, the auto insurance industry continues to find fault with my credit worthiness.  My automobile insurance agent reported, as required by law, that I didn't get the lowest possible rates on a recent renewal because of information contained in a consumer report.  They specifically listed the "number of accounts marked paid as agreed (all of them are)" and no new auto accounts in the past five years.  Get this though, I get the safe driver discount because I haven't had any accidents in the 10 years I've been insured by them and I have nop points on my license.    However, despite that fact that I get the safe driver discount, I'm still considered  a high risk because of the information contained in the consumer report  which basically reports that I pay all my debts as agreed and I haven't taken on any new debt.  Oh yes, and my insurance account is automatically paid each month by electronic withdrawal by the insurance company.   What's there to dispute?  That I don't pay all my bills as agreed?  That the insurance company isn't being automatically paid?   The credit reporting agency dangles the image of a better consumer report in front of the consumers like a carrot in front of a horse.  Like it's really going to make a difference!  When I bought my house, the realty agent remarked that she had never met someone with such high credit scores.  Yet, the auto insurance companies, year after year, continue to report not giving me the best rates because of information contained in a consumer report.  What a scam!  I can't believe they get people to pay for those reports.  I know first hand that they are worthless.

pay cash and screw the credit

Medical debt - are you guy's smokin something? Dont pay your med-bills and they will show up on your report!

In the decades before the word 'credit' was used, it was called 'debt'. In that time, your wealth was determined by your ability to avoid 'debt' and was based on your ability to save. In the past six decades, the sociological re-wiring of our mindset has been completely inverted. We now not only still associate debt as bad, as we used to- but we do it at the same time that we base our actual 'worth' as a person on how good our 'credit' is. To help us to do this, we have been programmed to buy the marketed idea that not only is our worth as a person tied to how good our credit is, there is now an exact set of numbers to 'rate' our value as an individual. 

I am with the people who believe the Credit Companies are scams. Just who in the hell do they think they are. They are NOT the government and my Social Security Number is non of their F**King business - period.They are a virus in our society that need to be exterminated. 

Like anything else, it's great for the rich, but hell with us lower class people. Good scores or not

I agree with some of the posts here.  Credit does not define a person, and credit bureaus need more regulation.  My husband and I have practically perfect credit, never late or missing bill payments. We wanted to co-sign a private education loan for our daughter.  I didn't qualify because I work a seasonal job.  My husband was laid off in 2009 (just like 75% of the entire construction industry) but went back to work in early 2011 (same Union, same line of work).  We still continued paying our bills, and we certainly met the income requirement.  But the lay-off was obviously detrimental to the credit report which disallowed the loan.  

 credit reporting industry is a scam and all the people behind this scam will get caught one good day just like the real estate banks and Mortgage company get caught lending money to people to by house  they don't care if they have a job to pay back the banks. But once the agent sell the house and every one who is involve make there money to hell was with the poor man or i may say the middle class and then the one who don't count you all know who i mean but my President Mr Obama would take care of you all just like what he did to all the big Mortgage brokers and lending banks I ask my slf what it is wall street have to do with any one buying a house. You all think wall street care about we "NO"  so lets hope it get better from here on