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FICO08

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Anonymous
Not applicable

FICO08

This topic is generating a lot of interest. A LOT.

Yet no one knows very much about it except that it will effect AU's the most.

But I've heard elswhere that everyone's FICO scores will be effected.

I would like to suggest, that when the time comes, a sticky thread be started at the top of the page, explaining what exactly FICO08, and how it will effect all of us.

Just a thought.
Message 1 of 20
19 REPLIES 19
Barry
Administrator Emeritus

Re: FICO08



Sylviatob wrote:
This topic is generating a lot of interest. A LOT.

Yet no one knows very much about it except that it will effect AU's the most.

But I've heard elswhere that everyone's FICO scores will be effected.

I would like to suggest, that when the time comes, a sticky thread be started at the top of the page, explaining what exactly FICO08, and how it will effect all of us.

Just a thought.

Good idea, Sylviatob!  I will gather up that information and provide some detail on what we can expect with this new version of the FICO formula.  Stay tuned....
 
Thanks!
 
Barry
Message 2 of 20
haulingthescoreup
Moderator Emerita

Re: FICO08

Great suggestion, Sylvia! And I'd like to add to the suggestion: please don't wait until it finally gets implemented, whenever that's going to happen. If it is going to change the way that credit behaviors are rewarded, and dare I say, punished, it would be useful to have a general heads-up. Smiley Wink
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 3 of 20
Anonymous
Not applicable

Re: FICO08

Thanks you all. Smiley Happy

Always helps to know in advance, when something is about to hit me. As opposed to looking up and seeing the freight train inches from my face. LOL. Smiley Wink
Message 4 of 20
Barry
Administrator Emeritus

Re: FICO08

I should have some FICO 08 info for you all around late November - early December, which will be at least a few months ahead of when anyone will begin to be affected by this new version of the FICO score.
 
Barry
Message 5 of 20
Anonymous
Not applicable

Re: FICO08

Many thanks Barry. And we all look forward to learning about it! Smiley Happy
Message 6 of 20
Anonymous
Not applicable

Re: FICO08

Any updates or press releases?
Message 7 of 20
haulingthescoreup
Moderator Emerita

Re: FICO08

I think they've realized that cr*pping all over a lot of AU's, many of them women in their 50's and 60's, might not be the smartest thing to do in an election year.

Might be time for Plan B...
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 8 of 20
fused
Moderator Emeritus

Re: FICO08



haulingthescoreup wrote:
I think they've realized that cr*pping all over a lot of AU's, many of them women in their 50's and 60's, might not be the smartest thing to do in an election year.

Might be time for Plan B...


What about us stay at home all day with our children MR. Moms?
Message 9 of 20
haulingthescoreup
Moderator Emerita

Re: FICO08


@fused wrote:

@haulingthescoreup wrote:
I think they've realized that cr*pping all over a lot of AU's, many of them women in their 50's and 60's, might not be the smartest thing to do in an election year.

Might be time for Plan B...

What about us stay at home all day with our children MR. Moms?


OK, make that "many of them women in their 50's and 60's and men in their 30's staying at home all day with their children!" I don't know that conservative political candidates worry so much about the Mr. Mom backlash, assuming that they know that these even exist. And I'll bet that Mr. Moms are joint users rather than AU's in most cases.

You are SO not a stay-at-home dad. You're in Guam half the time!

Or do you get to work from home, lucky you? I did that for 2 years until some pinhead V.P. pulled us all back in. Smiley Mad
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 10 of 20
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