Larrychiang

Larry Chiang

hi, this is Larry Chiang

I started UCMS, United College Marketing Services. It sold credit cards to college students using Credit Strategies Seminars. To further solve some of the problems in my industry, I started Duck9: Deep Underground Credit Knowledge. It also means to duck 9's. 9s are charge-offs. Charge-offs are bank loans written off as dead that very much hurt your credit score.

Yes, I cracked the Fair Isaac credit algorithm and actively refute their claim that the average FICO is 723. It is 535.

In Business Week, I poke fun at the ludicrous assertion of the average FICO of 723 where VCs in my neighborhood only have a FICO of 723. Google "10 VCs and their FICO"

On Twitter, I am @larryChiang. Text me at 415 720 8500 Larrychiang (talk) 00:24, 1 July 2009 (UTC)

Larrychiang (talk) 22:03, 1 July 2009 (UTC)

I just edited "credit card" by adding "College student drop out rates"(Source: Duck9) and "College student work patterns due to credit card debt" (Source: National Center for Public Policy and Higher Education)

College students with credit card debt tend to work more and study less because they work part time jobs 65% VERSUS 48% and full time jobs 19% VERSUS 11% Larrychiang (talk) 18:21, 14 July 2009 (UTC)

FICO Score Controversy

The average credit score is 535. It is reported by Fair Isaac to be 723

Credit Card Debt: The #1 Reason Students Drop Out

Students cite financial pressure as the #1 reason they drop out of school

July 2009

Please do not add promotional material to Wikipedia, as you did to Credit card. While objective prose about products or services is acceptable, Wikipedia is not intended to be a vehicle for advertising or promotion. Thank you. Please review WP:COI and WP:ADVERT Flowanda | Talk 06:54, 2 July 2009 (UTC)

Flowanda, your talk pages are blank. Please check them-- thanks Larrychiang (talk) 18:27, 14 July 2009 (UTC)