07-14-2007 05:11 AM - edited 07-14-2007 05:21 AM
07-14-2007 07:13 AM - edited 07-14-2007 07:14 AM
07-14-2007 07:48 AM - edited 07-14-2007 07:52 AM
07-15-2007 11:07 AM
07-17-2007 12:24 AM
07-17-2007 12:28 AM
SoulSmilen wrote:If it is or is becoming standard practice now for banks to pull a hard inquiry when opening accounts, FICO needs to change the way it rates and scores the inquiries. Opening a savings/checking/money market account is NOT indicative of 'recently seeking credit.'
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO