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"Interesting Info from the CEO of FICO, on Credit Cards

Established Contributor

Re: "Interesting Info from the CEO of FICO, on Credit Cards

Thanks for the explanation...the CEOs' words make complete sense to me now!Smiley Very Happy

 

I was still somewhat puzzled until you posted again regarding this issue.

 

 

Frequent Contributor

Re: "Interesting Info from the CEO of FICO, on Credit Cards


plasticman wrote:

Thanks for the explanation...the CEOs' words make complete sense to me now!Smiley Very Happy

 

I was still somewhat puzzled until you posted again regarding this issue.

 

 


 

Yes, it cleared it up for me also. I did a quick example and was AMAZED.

 

Say my score is 800, my wifes is 810 (i've been married long enough to give my wife the higher score)  and our sons was 400, the MIDIAN SCORE for our family is 800--BUT, because of the irresponible kid (I'm also old enough to start blaming the kids) our average score is 670.

 

Darn kid, driving our families scores down.Smiley Mad

Established Contributor

Re: "Interesting Info from the CEO of FICO, on Credit Cards


DickC wrote:

plasticman wrote:

Thanks for the explanation...the CEOs' words make complete sense to me now!Smiley Very Happy

 

I was still somewhat puzzled until you posted again regarding this issue.

 

 


 

Yes, it cleared it up for me also. I did a quick example and was AMAZED.

 

Say my score is 800, my wifes is 810 (i've been married long enough to give my wife the higher score)  and our sons was 400, the MIDIAN SCORE for our family is 800--BUT, because of the irresponible kid (I'm also old enough to start blaming the kids) our average score is 670.

 

Darn kid, driving our families scores down.Smiley Mad

 

LOL!Smiley Very Happy

 

Nothing that more time on the golf course might help you forget!!

Message Edited by plasticman on 08-07-2009 02:50 PM
Frequent Contributor

Re: "Interesting Info from the CEO of FICO, on Credit Cards

DickC,

 

Thanks for the link.  Great info.

 

Scout

FICOs as of 09/2009 - TU 813, EQ 811, last known EX 797
FICOs as of 08/2009 - TU 791, EQ 809, last known EX 797
FICOs as of 07/2009 - TU 806, EQ 809, last known EX 797
Frequent Contributor

Re: "Interesting Info from the CEO of FICO, on Credit Cards


Scout1965 wrote:

DickC,

 

Thanks for the link.  Great info.

 

Scout


 

Thank you Scout. I just figured if anyone was able to give us the straight story on "FICO", it would be their CEO.