Regular Contributor
Posts: 150
Registered: ‎05-04-2012
Re: New Bias Charges Against FICO Scores ..... unfair to minorities

FrugalRican wrote:

I can't access the article from work, but I'll just say this... as a Hispanic with a relatively "low income", I've had absolutely no problem having and maintaining good credit. Personally, even though there is no designation for my race, I think it'd be quite easy for someone to figure out what I am based on my name and last name alone.



Pretty much this. I am african-american but thankfully I was blessed with smart parents who gave me a VERY common name. I have seen it done and the names sometimes tells creditors/employers what race they are before they even speak to them. Now the article that was supposed didn't attack FICO in any way possible and actually defended it

Starting Score: 502 5/4/2012
Current Score: 640 08/03/2012
Goal Score: 700

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