topic Re: You have 49 FICO credit scores in Credit in the News

You have 49 FICO credit scores

my-own-fico — Tue, 28 Aug 2012 17:57:38 GMT

"The grand total number of credit scores is truly countless -- so while 49 FICO scores seems like a large number, it's really a drop in the bucket," said Ulzheimer. "The good news is that proper credit management transcends all credit risk scores. If you do the right things, you'll have a good score across the board."

http://money.cnn.com/2012/08/28/pf/fico-credit-scores/index.html

Re: You have 49 FICO credit scores

Cranski — Wed, 29 Aug 2012 03:42:54 GMT

:smileyindifferent: Thank goodnesss I only have to keep up with three fakos and 3 ficos... I'd go bonkers.

Re: You have 49 FICO credit scores

algorithmslave — Wed, 19 Sep 2012 07:46:18 GMT

49 FICO Scores? can you say......Multiple Personality Disorder

Re: You have 49 FICO credit scores

stan_the_man — Sat, 22 Sep 2012 17:02:30 GMT

FWIW -- A some of those scores have very little usage in the real world.

Maybe some bank or CU is still using a Beacon (Equifax) 96, for example, but I highly doubt it.

Re: You have 49 FICO credit scores

my-own-fico — Tue, 25 Sep 2012 22:46:05 GMT

Yet more ...

Your credit score isn't what you think it is

http://money.cnn.com/2012/09/25/pf/credit-scores-cfpb/index.html

Re: You have 49 FICO credit scores

stan_the_man — Wed, 26 Sep 2012 13:59:14 GMT

my-own-fico wrote:
Yet more ...

Your credit score isn't what you think it is

http://money.cnn.com/2012/09/25/pf/credit-scores-cfpb/index.html

If you read between the lines, it seems that their mostly talking about FAKO scores in this article.

Re: You have 49 FICO credit scores

LS2982 — Sat, 29 Sep 2012 23:18:39 GMT

my-own-fico wrote:
"The grand total number of credit scores is truly countless -- so while 49 FICO scores seems like a large number, it's really a drop in the bucket," said Ulzheimer. "The good news is that proper credit management transcends all credit risk scores. If you do the right things, you'll have a good score across the board."

http://money.cnn.com/2012/08/28/pf/fico-credit-scores/index.html

Wow...49 is alot of scores, and to know there are many more :smileysurprised:

Re: You have 49 FICO credit scores

Shogun — Sun, 30 Sep 2012 14:50:40 GMT

33 of those are probably EX and you'll never see them!!!

Re: You have 49 FICO credit scores

Revelate — Mon, 01 Oct 2012 17:00:56 GMT

Shogun wrote:
33 of those are probably EX and you'll never see them!!!

Heh, only 8 of the scores from EX (approximately) have any relevant value in the market place. It's bad but not quite that extreme :).