Does Bad Credit Make You a Bad Driver?

On Tue, 14 Dec 2004 14:43:11 -0500, 127.0.0.1 > wrote:

>On Tue, 14 Dec 2004 09:09:49 -0800, Scott en Aztlán
> wrote:
>
>>=== BEGIN QUOTE ===
>>
>>Does having bad credit make you a bad driver?
>yes


Might be a which came first, the chicken or egg type of question....

:-P

later,

tom @ www.CarFleaMarket.com

Scott en Aztlán > wrote:
>Does having bad credit make you a bad driver? Some auto insurers think
>so.

Yeah, but I've never seen the scientific proof.

Scott en Aztlán > wrote:
>Does having bad credit make you a bad driver? Some auto insurers think
>so.

Yeah, but I've never seen the scientific proof.

"Steve" > wrote in message
...
> Scott en Aztlán > wrote:
> >Does having bad credit make you a bad driver? Some auto insurers think
> >so.
>

not necessarily. I had some credit problems about ten years ago after a
combo of divorce, lost job/lost insurance, and medical problems -- very good
credit to very bad credit back to very good agaion eventually-- but i
haven't had accident or ticket of any kind for almost 30 years now. no
relationship between the two.

"Steve" > wrote in message
...
> Scott en Aztlán > wrote:
> >Does having bad credit make you a bad driver? Some auto insurers think
> >so.
>

not necessarily. I had some credit problems about ten years ago after a
combo of divorce, lost job/lost insurance, and medical problems -- very good
credit to very bad credit back to very good agaion eventually-- but i
haven't had accident or ticket of any kind for almost 30 years now. no
relationship between the two.

>Does having bad credit make you a bad driver?

Yes. Haven't you ever seen those 4-bank pileups on the freeway
where a bad credit risk was trying to escape a long line of
creditors?

Gordon L. Burditt

>Does having bad credit make you a bad driver?

Yes. Haven't you ever seen those 4-bank pileups on the freeway
where a bad credit risk was trying to escape a long line of
creditors?

Gordon L. Burditt

On Tue, 14 Dec 2004 15:04:36 -0600, "spamhater" <spamhateratmunged>
wrote:

>
>"Steve" > wrote in message
.. .
>> Scott en Aztlán > wrote:
>> >Does having bad credit make you a bad driver? Some auto insurers think
>> >so.
>>
>
>not necessarily. I had some credit problems about ten years ago after a
>combo of divorce, lost job/lost insurance, and medical problems -- very good
>credit to very bad credit back to very good agaion eventually-- but i
>haven't had accident or ticket of any kind for almost 30 years now. no
>relationship between the two.
>
>

imho

In your situation much was out of your control, but in most cases I
have noticed that people with bad credit are people who don't manage
life issues well. Meaning, a simple proactive stance on fixing things
as they arrise will prevent bad credit, if you are attuned to not
acting on problems, then any person underwriting your driving habits
has to question what would you do if an driving issue arrises.
Example, you get a speeding ticket, or your your car needs to be
registered again, or etc, etc... etc...

credit checks are typical if you want anytype of clearance for
security or advancement in sensitivie positions in large companies.
They do matter to those who care.

later,

tom @ www.CarFleaMarket.com

On Tue, 14 Dec 2004 15:04:36 -0600, "spamhater" <spamhateratmunged>
wrote:

>
>"Steve" > wrote in message
.. .
>> Scott en Aztlán > wrote:
>> >Does having bad credit make you a bad driver? Some auto insurers think
>> >so.
>>
>
>not necessarily. I had some credit problems about ten years ago after a
>combo of divorce, lost job/lost insurance, and medical problems -- very good
>credit to very bad credit back to very good agaion eventually-- but i
>haven't had accident or ticket of any kind for almost 30 years now. no
>relationship between the two.
>
>

imho

In your situation much was out of your control, but in most cases I
have noticed that people with bad credit are people who don't manage
life issues well. Meaning, a simple proactive stance on fixing things
as they arrise will prevent bad credit, if you are attuned to not
acting on problems, then any person underwriting your driving habits
has to question what would you do if an driving issue arrises.
Example, you get a speeding ticket, or your your car needs to be
registered again, or etc, etc... etc...

credit checks are typical if you want anytype of clearance for
security or advancement in sensitivie positions in large companies.
They do matter to those who care.

later,

tom @ www.CarFleaMarket.com

In article >,
Scott en Aztl?n > wrote:

> Does having bad credit make you a bad driver? Some auto insurers think
> so. That's why they're using credit data to help determine your
> insurance rates.

> Drivers at the bottom of the credit heap file 40% more claims than
> drivers at the top of the credit heap, according to a study by the
> Insurance Information Institute.

This is a case of bad journalism and the reporter not understanding
the words that they are writing. The 2nd paragraph contains a
piece of factual data that was gleaned from data mining.

The first paragraph is attempting to establish a causal
relationship. If a, then b. What is actually happening here is
that both a and b are found to happen to the same class of
people. A and b are coincidental to each other even though
both are caused by the same factor.

Bad credit does not make one a bad driver. However, it was
found that people who have bad credit are more likely to make
claims, and a person who makes a claim is more likely to have
bad credit.

There are all kinds of companies checking your credit and
medical files these days. As a result, it is a good idea to
try to keep both types of records as clean as possible.

-john-

--
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John A. Weeks III 952-432-2708
Newave Communications http://www.johnweeks.com
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