Credit Card Center Advertiser Disclosure

Reply
Established Contributor
Posts: 623
Registered: ‎06-22-2013

How Goldman Sachs Made More Than $1 Billion With Your Credit Score

From the WSJ today (cross posted on morningstar.com, which doesn't require a subscription to access)...

 

http://news.morningstar.com/all/dow-jones/us-markets/20170409526/how-goldman-sachs-made-more-than-1-...

Garden Club Member since 3/9/2017
Valued Contributor
Posts: 2,606
Registered: ‎10-31-2011

Re: How Goldman Sachs Made More Than $1 Billion With Your Credit Score

[ Edited ]

Interesting article that underlines that the CRA's sell data to anyone willing to pay. The most glaring example is when you apply for a mortgage all of a sudden JDB's pop out of the woodwork .... then again if you look at the home pages of CRA's and go to their business offers you'll get a further look at what they offer as far as reports on everything to both sides of the aisle.

 

Thanks for posting !

Community Leader
Senior Contributor
Posts: 4,966
Registered: ‎04-27-2014

Re: How Goldman Sachs Made More Than $1 Billion With Your Credit Score

Nice read, Thanks for posting.


Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.