Study reveals possible link between numeracy skills and credit scores - MSE News

Consumers who are more confident with numbers are likely to have a better credit score than those who aren’t, initial findings of a study suggest...
Read the full story:
'Study reveals possible link between numeracy skills and credit scores'
OfficialStamp.gif
Click reply below to discuss. If you haven’t already, join the forum to reply.
Read the latest MSE News
Flag up a news story: [email protected]
Get the Free MoneySavingExpert Money Tips E-mail
«1

Replies

  • zx81zx81 Forumite
    34.7K Posts
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    ✭✭✭✭✭
    There is also a clear correlation between people with low Experian credit scores and those who believe in Experian credit scores.
  • [Deleted User][Deleted User] Forumite
    0 Posts
    MoneySaving Newbie
    LOL - this article must be a joke - right?
  • bxboardsbxboards Forumite
    1.7K Posts
    ✭✭✭
    Seems to as useful as one of those studies where scientists discover water is wet, or announce that dogs like their owners.

    I do not think a site such as this should be promoting the credit score myth either, but that is another matter altogether.
  • MABLEMABLE Forumite
    4K Posts
    Part of the Furniture 1,000 Posts
    ✭✭✭✭
    That has to be an early April fools joke. Just brilliant!
  • One-EyeOne-Eye Forumite
    59.5K Posts
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    ✭✭✭✭✭✭
    Martin's 15 things you need to know about credit scoring should now be extended:

    16. Improve your numeracy.
    A study by the University of The Bleedin Obvious has shown a clear correlation between poor numeracy and low credit scores.
  • Owain_MoneysaverOwain_Moneysaver Forumite
    11.3K Posts
    Part of the Furniture 10,000 Posts Name Dropper
    ✭✭✭✭✭
    MSE_Callum wrote: »
    Consumers who are more confident with numbers are likely to have a better

    job, home, income, not buy shiny crap on weekly payments they can't afford to keep up ...

    so of course they will have a better credit score.

    If the study also revealed they are more likely to be taller and less likely to be obese that might be more interesting.
    A kind word lasts a minute, a skelped erse is sair for a day.
  • VT82VT82 Forumite
    1.1K Posts
    Tenth Anniversary 1,000 Posts Combo Breaker
    ✭✭✭
    In other news, the Pope confirms that his religious practices are in accordance with the Four Marks of the Church, as expressed in the Nicene Creed of the First Council of Constantinople in 381 AD, and bears do indeed defecate in highly forested areas.
  • garth549garth549 Forumite
    485 Posts
    Tenth Anniversary 100 Posts
    ✭✭
    Hardly rocket science...

    Someone who can add up and work to a budget is less likely to have debt problems. Shock horror.

    Do people actually get paid to do this 'research'?
  • edited 5 February 2019 at 2:12PM
    waveletswavelets Forumite
    1.2K Posts
    1,000 Posts Combo Breaker
    ✭✭✭
    edited 5 February 2019 at 2:12PM
    So can we do away with credit reference agencies, and just give people who want credit a simple arithmetic test?
    (no calculators, log books or slide rules required/permitted!)

    :rotfl:
  • grumblergrumbler Forumite
    55K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ✭✭✭✭✭✭
    I don't care about Experian's money, but it's a pity that some charity is wasting money on proving the obvious.
    Both National Numeracy and Experian say they're going to work with other organisations to further explore the link and potential correlation between creditworthiness and numeracy.
    Unbelievable!
    We are born naked, wet and hungry...Then things get worse. :(

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
This discussion has been closed.
Latest MSE News and Guides

Stoozing, sublets & summer sips

This week's MSE Forum highlights

MSE News

Martin Lewis quizzes Rishi Sunak

Watch the cost of living support Q&A here

Join the MSE Forum discussion

48 craft beers for £50 delivered

One-off bundle for newbies. Excludes Northern Ireland

MSE Deals