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@Anonymous wrote:
I received my score report due to applying for a mortgage and on the report it listed a Bankruptcy score of 615 what is this score for? I've never heard of it.Message Edited by credit4me on 06-05-2009 08:21 PM
A number of companies, including Fair Isaac, calculate "Bankruptcy Risk Scores" but unlike credit scores (1) no single company dominates this business and (2) none of those who do calculate such scores make them available to consumers. So these are something like the "Wild West" that credit scores were in days of yore.
Here are a few articles about these scores:
http://moneycentral.msn.com/content/Banking/Yourcreditrating/P137322.asp
http://www.bankrate.com/finance/debt/do-you-know-your-bankruptcy-risk-score--1.aspx
http://www.associatedcontent.com/article/227478/your_bankruptcy_risk_score.html
http://www.creditcards.com/credit-card-news/bankruptcy-risk-score-1270.php