FlyerTalk Forums - View Single Post - Credit Card Churning For Miles Questions/Issues

Aug 13, 2007, 10:06 am

#28

Happy

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Join Date: Jul 2003

Location: Florida

Posts: 29,740

This is a more comprehensive view of the State Laws regarding this issue.

http://www.namic.org/reports/credith...editgovern.asp

Note as long as the consumer is getting "Credit Neutral" rate, it is considered "fair" - insurance companies do not need to give consumer the "Best available rate" which of course is better than the "credit neutral" rate.

California has prohibited the use of credit history.

http://www.ncsl.org/programs/insur/I...Scores2003.htm

The database is last updated in June 2006 so should be fairly accurate.

Texas actually allows the usage of credit score, but specifically prohibit the discrimination based on No, or very little credit history. (that is why anaggie's wife has no credit history does not hurt them.)

Quote:

Originally Posted by biggestbopper

Well, of course this Supreme Court sided with the insurance companies.

But the issue was not state law, but federal law. State law continues to control on using credit reports for insurance purposes. The Safeco v Burr case is about something else. See, for example,
http://pubcit.typepad.com/clpblog/20...e_court_d.html
http://www.californiacreditlaw.com/2..._fair_cre.html

Last edited by Happy; Aug 13, 2007 at 10:19 am

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