fico 08

[Anonymous]

how will fico 08 affect au credit cards

[Anonymous]

From a prev post:

FICO 08 also aims to curtail the growing business of allowing people to polish their credit by "piggybacking" on someone else's good credit history. In recent years, credit-repair Web sites have sprung up that arrange for subprime consumers to boost their scores by becoming authorized users on accounts held by strangers with better credit. When scoring a consumer, FICO 08 won't take into consideration credit-card accounts for which that person is an authorized user. But the move also will hurt legitimate users: People who give a credit card to a child or a spouse as an authorized user to help boost their credit score.

[Anonymous]

thanks do you know when fico 08 takes affect

[haulingthescoreup]

---

@Anonymous wrote:

thanks do you know when fico 08 takes affect

---

Good question --it's already a good three months behind, and there are running bets on spring 09, summer 08, who knows in 08, and never.

You might check over on the Credit in the News forum. Some pretty vigorous threads going on over there!

[MidnightVoice]

---

@haulingthescoreup wrote:

---

@Anonymous wrote:

thanks do you know when fico 08 takes affect

---

Good question --it's already a good three months behind, and there are running bets on spring 09, summer 08, who knows in 08, and never.

You might check over on the Credit in the News forum. Some pretty vigorous threads going on over there!

---

Have our moles in FI been able to glean any more information recently?  Or is the whole issue now deader than a doornail?

[haulingthescoreup]

---

@MidnightVoice wrote:
Have our moles in FI been able to glean any more information recently? Or is the whole issue now deader than a doornail?

---

Good question! I need to go shout down the mole hole.

[MidnightVoice]

---

@haulingthescoreup wrote:

---

@MidnightVoice wrote:
Have our moles in FI been able to glean any more information recently? Or is the whole issue now deader than a doornail?

---

Good question! I need to go shout down the mole hole.

---

Yup.  Send a ferret down after them