FICO score vs fiscal responsibility.

I think that since FICO has come up, it is wise to point out that a 
higher FICO is not necessarily a sign of fiscal responsibility.

For example:

Five years ago, Bert and Ernie were in the same situation financially 
then Bert took out a loan and bought a $30K automobile, while Ernie 
unloaded some of his low performing investments to by his $30K 
automobile. As a consequence, today Ernie has a higher net worth than 
Bert and I expect that most, if not all, would agree that Ernie was the 
more responsible of the two, yet according to myfico.com &al, Bert ends 
up with a higher FICO.

Example 2:

Carrie and Dolly are in nearly the same situation financially, they both 
have 4 credit cards with interest rates of 10%, 15%, 18% and 20% and a 
$10K limit on each card, also they both have $8K in debt. However, 
Carrie has all of her debt on the card with 10% interest, while Dolly 
has her debt distributed, $2K per card. Again, Carrie is in the superior 
situation, she pays much less in interest every month. However, Dolly 
gets the higher FICO.

Comments? Does my *****sment seem accurate.

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