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Archive for the ‘Credit Scoring’ Category

New Free Credit Scores: What You Need to Know Now

Icon Written by admin on July 14, 2011 – 4:26 pm

More from Reuters: by Linda Stern Wednesday, July 13, 2011 There’s an irony about the new credit score disclosure rules issued by the Federal Reserve Board on July 6, and this is it: Would-be borrowers who are most likely to get their credit scores for free are still the people who may find it advantageous [...]



7 more Credit Scoring Myths

Icon Written by Randy on May 22, 2011 – 9:21 pm

Several decades have passed since we started learning how credit scores really work. For years, the creators of the leading credit scoring formula, theĀ FICO, didn’t want consumers to know the scores existed, let alone what went into them. In early 2000, however, E-Loan started letting customers see their FICO scores. That free experiment was quickly [...]