Re: New Bias Charges Against FICO Scores ..... unfair to minorities
07-25-2012 06:35 AM
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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