FICO Scoring Methods

[Anonymous]

Anybody read of these mathematicians that had ostensibly reverse engineered various credit scoring agencies' methods and systems, by what was being divulged through various sorts of reports? 

[Anonymous]

If you're in the mood to understand FICO scoring,

I recommend the Education tab up top -

Credit Basics: Demystifying credit scoring and credit reports

is a good place to start.  Along with a bunch of other topics there, including

How to Repair Your Credit and Improve Your FICO Credit Score

And

Credit score facts & fallacies

Also check out this post which includes the FICO Reason Codes.  These are the codes used in conjunction with your FICO Score - they're public information and whoa! helpful.

[RobertEG]

No.

Obviously, many have tried to reverse-engineer the FICO scoring model, but I am unaware of any such successes.

[marty56]

Why should they?  They could make more money seliing their own version as a FAKO score and with some good TV commericals to suck people in.

[RobertEG]

For the very same reason that, once a patent expires, others make and sell generic drugs.  A competitive version of the same product.