I guess I just do not get it, or rather I am having trouble accepting it!
According to what you said earlier, Tuscani, FICO can distinguish between prime and subprime installment loans. Since they are not doing the same with prime and subprime cc's, shouldn't they. Why should FICO punish some who have subprime installments, and not punish some who possess subprime cc's. This is not to say I want FICO to punish everyone who has subprime accounts of any kind but the playing field is really tilted. Is it possible when FICO makes changes in the future, this might be something they look at?
According to what you said earlier, Tuscani, FICO can distinguish between prime and subprime installment loans. Since they are not doing the same with prime and subprime cc's, shouldn't they. Why should FICO punish some who have subprime installments, and not punish some who possess subprime cc's. This is not to say I want FICO to punish everyone who has subprime accounts of any kind but the playing field is really tilted. Is it possible when FICO makes changes in the future, this might be something they look at?