New FICO Scoring method????

AnaMKMK · ‎03-22-2008

Hi All - I'm trying to find some information on the new scoring method; I could have sworn I read that this was being implemented in April or May of this year. I want to know how this will affect me..... any thoughts?

Anonymous · ‎03-22-2008

no one on the street really knows when fico '08 is going to roll out. in theory it's supposed to have already happened, but not yet. stay tuned, when it hits you'll surely here that shoe drop!

Anonymous · ‎03-22-2008

Ana,

This link is to an article that explains the new method & gives scenarios of what will happen to your credit based upon the new method.

http://www.denverpost.com/business/ci_8016232

AnaMKMK · ‎03-23-2008

Thanks!!

I found another article as well:

http://finance.yahoo.com/banking-budgeting/article/104062/Default-Lines-The-New-Math-of-Credit-Score...