FICO08

[Anonymous]

Still no updates from management?

[Barry]

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Noah_Bodie wrote:

Still no updates from management?

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Sorry, but not yet, Noah.

I'm not expecting anything till early-to-mid December.

Barry

[TULO30]

Okay...it's mid December.  What gives?

[MidnightVoice]

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@TULO30 wrote:

Okay...it's mid December.  What gives?

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3 more days to go

Message Edited by MidnightVoice on 12-12-2007 07:55 PM

[Tuscani]

My guess is no FICO08 for 2-3 more months.

[Anonymous]

Should we start a pool?  I bet at least 6 months.

[fused]

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masdeocho wrote:

Should we start a pool?  I bet at least 6 months.

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I agree with you, not before next summer.

[MidnightVoice]

According to:

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=61962

FICO 08 is likely to face some competition from VantageScore Solutions LLC of Stamford, Conn., a joint venture of the three credit bureaus that was rolled out in 2006. Fair Isaac has sued VantageScore and the three bureaus, accusing them of using unfair and anticompetitive practices to harm the FICO brand. Recently, Equifax linked the suit with the launch of FICO 08. The company has said it wouldn't move forward with FICO 08 and that its relationship with Fair Isaac remains "strained" until the lawsuit is resolved, says David Rubinger, Equifax spokesman. The new FICO model has already been distributed to Experian, which is in the process of implementing it, while TransUnion expects to have the scoring model available for lenders to test during the second quarter of 2008. Fair Isaac says its intention is to provide the formula to all three credit-reporting agencies.

[bridgetkaryn]

Any updates on this? Has it rolled out yet?

[haulingthescoreup]

As I understand it, EX alone is now offering it, but per Timothy, not "batched." I'm not sure what that means exactly, unless it's referring to credit monitoring services including myFICO and pre-approval services, but I'm really reaching on that one.

The consumer credit industry takes a long, long time to change anything, preferring to wait and let competitors be the beta testers.