A better list of US Risk Reason Codes from FICO

Anonymous · ‎04-01-2011

I just found out a great resource for learing about FICO scoring, www.fico.com!

On their page about FICO score, they have a couple of interesting pdfs. The link is below, just go to the evaluate tab.

fico.com Scores product page

One of the pdfs is a US FICO Risk Score Reason Codes.

Go ahead and click the name, it is a direct link to the file.

Maybe the sticky can be edited?

haulingthescoreup · ‎04-01-2011

Good suggestion --I'll forward it to a mod.

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

MarineVietVet · ‎04-01-2011

I just changed it.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

haulingthescoreup · ‎04-01-2011

Thanks, MVV!

Just realize everyone that few lenders use the NextGen list, so be sure that you're following the correct list. (The numbers do vary according to which score you're looking at.)

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

veracious · ‎04-01-2011

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"You may never know what results come of your actions,
but if you do nothing, there will be no result" ~ Mahatma Gandhi