There are now more than 100 credit scoring systems in circulation, any number of which may be used in combination with the FICO score as the determining factor in the credit approval process.
Entries Tagged as 'FICO scores'
What to Expect of New Credit Scoring Systems
February 2nd, 2011 · No Comments · Credit Bureaus and Scores
Tags: bad credit·credit·Credit Scores·credit scoring·credit scoring systems·credit worthiness·Deposit Behavior Score·FICO·FICO scores·repair bad credit
FICO Study Shows Most Consumer’s Credit Scores Unaffected By Credit Line Reductions
September 3rd, 2009 · 3 Comments · Credit Bureaus and Scores, Credit Cards
If anybody should know what does and does not significantly affect a consumer’s credit score, it should be FICO. So why in the heck did they need to do a study to evaluate how many people out there are losing points on their score due to circumstances that are out of their hands? The answer [...]
Tags: Affect of Credit Limit Reduction on Score·Credit Card Limits·Credit Limit Reduction·Credit Scores·Credit Utilization·FICO·FICO scores·FICO study
FICO to Modify System Allowing Legitimate Credit Card “Authorized Users”
September 5th, 2008 · 2 Comments · Consumer Debt, Credit Bureaus and Scores, Credit Reports
This is good news for at least 50 million consumers: Fair Isaac has announced that it has found a way to include “legitimate” authorized-user accounts and still exclude the piggy-backers! According to Fair Isaac, there are more than 50 million consumers that are legitimate authorized users on another person’s credit card. For some of these [...]
Tags: build credit history·credit card authorized users·FICO 08·FICO scores·legitimate authorized users·piggybacking
