cancel
Showing results for 
Search instead for 
Did you mean: 

Fair Isaac Changes?

tag
Anonymous
Not applicable

Fair Isaac Changes?

I readthat in 2008 Fair Isaac made a change in it's scoring system to be less damaging to pay off old collections.

 

I understand it's an issue with the last activity date on the collection. It sure would be an incentive for me to pay a few off a few 5 year old collections I have.

 

Has the current scoring model for Fair Isaac changed the way old collections are scored (if payed)?

 

 

Message 1 of 2
1 REPLY 1
Tuscani
Moderator Emeritus

Re: Fair Isaac Changes?

See:

http://www.fairisaac.com/NR/rdonlyres/56BD9795-A428-430D-9632-E59E67C4FE4C/0/Insights_FICO08_score_2521WP.pdf

http://online.wsj.com/article/SB119802346920538029-email.html
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.