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Myfico community

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antdave93
Regular Contributor

Myfico community

Just a curious thought, with all of the discussion about how to fix your credit reports or even try to trick the fico scoring system

You guys don't think myfico maybe looks at these posts and change their scoring methods?

Not to sound paranoid.

Message 1 of 5
4 REPLIES 4
starry1
Valued Contributor

Re: Myfico community

I doubt it.

Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 1/22/15 TU 645; EQ 605; EX 633 New goal 675
Cap1 sec $1k (SD) / Fingerhut $2k / Flagship $12k / cashRewards $12k / NavChek $15k / Amazon $2k / Von Maur $1k / Firestone $2.2k / BCU $3k / NFL $1k / QS1 $750 / Target $400 / PPSC $800 / Conoco $700 (last app 09/29/14)
Message 2 of 5
KoolDev
Regular Contributor

Re: Myfico community

I dont see where FICO is trying to be tricked.  What i have seen is ways that it works and ways to improve to improve your score.  As in the shopping cart thing that some do, thats not tricking Fico itself imo.  Your scores are what they are.

My Sock Drawer: Care Credit $4200-0, JCP 2100-0, Chase 3000-0, Chase Freedom $4500.00-0, WF $1000.00-0.00
In Use: NFCU Visa Sig $17.5k- 0.00k
I still have too MANY CARDS
Starting Score 538
Current Score Oct 30-14 701 fico Eq-- 745 Fico Tu-- 713 Fico Ex
Message 3 of 5
antdave93
Regular Contributor

Re: Myfico community

Pay for deletion or GW letters for late payments for example.

Those are part of your risk history right?

Why wouldnt fico want to keep track of that history of risk.

If they didnt, they really dont have a somewhat full picture of your risk rate.

Even though it was "deleted" from your credit file prematurely, ie 7 or 10 year mark

Message 4 of 5
buildafico
Frequent Contributor

Re: Myfico community

Sure they do, someone who's paying off debts to past creditors shows an immense amount of discipline and character change. A goodwill letter or PFD is simply asking for your report to reflect that.
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