Larry Chiang

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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)Reply

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

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)Reply

FICO Score Controversy

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

Credit Card Debt: The #1 Reason Students Drop Out

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

July 2009

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  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)Reply

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