FICO 2008 - Demystifying the Latest Version of the Famed Credit Score (Part 2)
Posted On: March 10, 2009
By Michael Killian, CardRatings.com Reporter
Editor’s Note: This article is the second of a two-part interview with Chris Groppa, Account Supervisor for Fleishman-Hillard, Inc. and Ethan Dornhelm, scoring scientist for Fair Isaac.
Mike: How does FICO®08 differ from what has been the case?
Chris: The primary drivers of the FICO® score remain how consistently bills have been paid [...]
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StumbleUponFICO 2008 - Demystifying the Latest Version of the Famed Credit Score
Posted On: March 6, 2009
By Michael Killian, CardRatings.com Reporter
Editor’s Note: This article is the first of a two-part interview with Chris Groppa, Account Supervisor for Fleishman-Hillard, Inc. and Ethan Dornhelm, scoring scientist for Fair Isaac.
Prior to 1989, credit approval was subjective and time consuming. If an underwriter did not like the color of your hair, you might not be [...]
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Alternative Credit Scores Provide Hope for Millions
Posted On: February 5, 2009
By Rick Shaffer, CardRatings.com Reporter
I would like to share some good news for the estimated 50 million consumers that have no credit rating or a limited credit history. There is now a viable option for establishing credit outside of the traditional avenues. The National Credit Reporting Association (NCRA)–a trade group representing small regional credit agencies–in [...]
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True Credit Trans Union Credit Card Credit Score
Posted On: March 20, 2007
Author: Robinj41
Posted: Fri Mar 02, 2007 11:41 am
Post subject: True Credit (TransUnion)..Any Problems???
Hello Everyone;
I have question about a company named True Credit (TransUnion)?
I purchased a free Score report for 30 days (canceled) and so far no trouble yet, but I read on another site about a lot of individuals getting rip-off by this company. [...]
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Tips On How to Make Credit Card Usage on Non-Reportable Credit Limit Appear Lower
Posted On: March 16, 2007
Author: hankreardon
Posted: Thu Mar 01, 2007 8:21 am
Post subject: AMEX charge card limits
I’m curious what sort of effect my new AMEX Gold charge card might have on my credit rating. Like many people on this forum, I have had the Capital One problem of not having my credit limit reported. I [...]
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Bank of America Credit Card for Current Customers
Posted On: November 30, 2006
Author: directdude2001
Posted: Thu Mar 09, 2006 11:19 am
Post subject: New BoA Card I received an offer for a BoA card which said it was for “BoA customers only” on Feb 20. I applied on Feb 22 and was approved instantly online.
My question is does anyone know how long it takes the card [...]
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Credit Cards for Credit Score in the 600’s
Posted On: September 26, 2006
Author: ImPulSiVe
Posted: Sat Sep 23, 2006 11:53 pm
Post subject: Got my FICO scores… =\ what cards can I apply for? 600’s
Transunion: 656
Equifax: 666
Experian: 625
=\
Author: novaboy
Posted: Sun Sep 24, 2006 8:50 am
Post subject:
Try Nasa FCU, Capital One, or Household.
Author: Kajjers
Posted: Sun Sep 24, 2006 11:48 am
Post subject:
Go for AmEx / Citi
Author: multiplierx
Posted: Sun [...]
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FICO Score Needed to Get a Credit Card Advance
Posted On: April 30, 2006
Author: arahad06
Posted: Wed Mar 15, 2006 6:44 pm
Post subject: CHASE
attention CHASE cc holders,
currently i have 603 FICO score…
my chase credit line is $300…what’s the minimum FICO score i need to reach before i can apply for a credit increase without getting denied?
Author: EnchantMe
Posted: Wed Mar 15, 2006 9:30 pm
Post subject:
I’ve had my Chase [...]
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Credit Card Denial Due to Low Credit Reporting Score
Posted On: April 6, 2006
Author: creditnewbie
Posted: Tue Aug 02, 2005 6:56 pm
Post subject: what do I do?
I have a Visa and a MC with $28K total credit limit. I charged 43% last month and paid it in full already; however, my equifax score is 663 because it shows the high balances that I already paid. The funny thing [...]
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Tips for First Credit Card
Posted On: February 24, 2006
John Wong
Posted: Tue Jun 01, 2004 3:13 pm
Post subject: Tips for First Credit Card
Date: 3/12/2003 1:35 pm CDT
Hi there,
I just received my first credit card, which is secured VISA. The credit limit set is $900. If I charge $1500 on this card and pay the bill in full when it comes, [...]
