what a supermodel can teach an undergrad about credit scores
TRANSCRIPT
The EconomistConference on
“Human Potential”
What a Super ModelCan Teach an
UndergradAbout Credit
LARRY CHIANG
CEO Duck9
Photo Credit:Kris Krug/Getty
If this presentation was one slide,
this would be it
I documented over a dozen cases in Chapter 11 of my
book. It’s all about “Falling Forward”
Plot spoiler: all 3 models
are still in the business &
thriving after their falls
MoreThings
ASuper ModelCan
Teach
Can be prepared
for…
Like the SAT
A FICO credit score of 723
puts you on a level playing field with a
regular adult
The FICO grid
consists of Equifax,
Experian, TransUnion
Avoid or Duck 9s (9s are charge-offs. Charge-off are bad debt)
1s are on-time payments
24 1s is is FICO over 700
$20 paid on a zero balance is on-time
Can usedebit dataas a basisfor credit
system but you can’t
In case you were wondering if my title slide was incongruent
with my title, “What a Super Model Can Teach a
Harvard MBA About CREDIT”
Larry ChiangSupermodel
Photo Collage
(removed)
Take a bow vs. re-experiencing agony
OwnYour
Experiences
Stay pleasant during strenuous situations & make everything look easy
I yield the balance ofmy time to questions
Larry ChiangRegister for Duck9 by
emailing him
What a Super ModelCan Teach an
UndergradAbout Credit