Established Contributor
Watchmann
Posts: 985
Registered: ‎05-14-2008
New Bias Charges Against FICO Scores ..... unfair to minorities
[ Edited ]

Interesting article from Investor's Business Daily ..... evidently our government is going to target FICO scores as being biased against minorities.  Looks like more easy credit will be coming their way, courtesy of continued government meddling.  And I always thought a FICO was based on an analysis of how likely you were to pay your credit obligations, regardless of who you were and where you came from.:

 

http://news.investors.com/article/618147/201207131919/fair-credit-zealots-on-war-path-against-fico.h...