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Bust-Out Score

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W261w261
Frequent Contributor

Bust-Out Score

In another thread a mod posted that the reason the OP's new card was canceled was possibly that he had run into a bust-out algorithm. So I read EX's 2 page promo for their bust-out score, which ranges up to 999. They claim substantial success in predicting bust-out behavior, and many of their markers sound a lot like the members of this forum. I can't see any other threads on this subject, so thought I would start one with a question. I assume I can't just ring up EX and say "What's my bust-out score?" 

Message 1 of 3
2 REPLIES 2
Remedios
Credit Mentor

Re: Bust-Out Score

Nah, you saw a short version, members here do not follow typical presentation for bust out fraud at all. 

Locate longer white paper and you will see why.  

 

Anyway, it's not a "score" you can get, it's a service provided for lenders to counter this particular type of fraud. 

 

Message 2 of 3
FinStar
Moderator Emeritus

Re: Bust-Out Score

In addition to the above, below is an older thread that discussed some of the info.  Both TU and EX have White Papers on it.

 

https://ficoforums.myfico.com/t5/General-Credit-Topics/Bust-Out-Score/m-p/5116259

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