Established Contributor
sjt
Posts: 721
Registered: ‎05-05-2010
Questions regarding FICO Score and FICO 2008

Hi All!

 

I am confused about FICO 2008. Was this suppose to replace the FICO version already used or was this a new scoring model?

 

Also, I have read that there were some changes made on the FICO scoring model such as how charge cards (Amex) are being reported and how paid charge offs or collections are being reported so the date of last activity will not impact the score. Has this been impleted in FICO 2008 or the "regular" FICO?

 

Thanks for you answers!