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Fico Is Fraud? E-Loan agrees!

BayHouse Credit Forum: Fair Isaac FICO and NextGen Credit Scoring: Fico Is Fraud? E-Loan agrees!
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D T (Dtemkin)

Saturday, February 10, 2001 - 06:35 pm Click here to edit this post
See:

http://www.eloan.com/s/show/fico?sid=HqakurYKFvk-5MLtJzXtXdZ6F30


Your credit score, a measurement of the probability that you will repay a loan, is one of the most significant elements of your financial resume. Whether you are applying for a loan, a credit card or an apartment, you are unlikely to be approved without your creditor or landlord first reviewing your credit score. With your authorization, a credit bureau will provide this information to any entity requesting it, with one exception. The only person that can't review your credit score…is you.

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Christine Baker (Admin)

Wednesday, February 14, 2001 - 06:51 pm Click here to edit this post
Thanks for the link. I just read it and E-loan isn't saying that scoring is a fraud, they just want people to be able to see it. I didn't see any arguments against credit scoring at all.

I'd say E-loan got more biz by providing the scores to applicants last year than ANY ad campaign could have produced. The BEST marketing strategy I've seen in years!


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