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Credit Boom Turned Credit Bust

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Anonymous
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Re: Credit Boom Turned Credit Bust

With AU's going away I would bet that there will be all kinds of creative ways to increase your score in the near future. People will always find ways to bend the rules.


Message Edited by meganm0420 on 12-03-2007 11:59 PM
Message 11 of 12
Anonymous
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Re: Credit Boom Turned Credit Bust



Tuscani wrote:
Yea... I agree there is nothing FICO can do. I would think the CRAs would be able to somehow stop this. Not sure though.


I think they can.
 
I like to compare this to MLMs What's the diffrece between a legit MLM and not?
 
The legit progam maskes most profits from products and serivces they sell, not recuriting.
 
The main purpose this company exists is not to sell products, but to improve peoples credit score and should not be coded the same as a store card, and if more of start poping up why can't they create a new account type an take BIG points Off
Message 12 of 12
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