Tag Archives: FICO 9 credit scoring

New FICO 9 Credit Scoring Model Imminent

  FICO 9 Credit Scoring Model Coming This Summer FICO plans to roll out it’s next generation FICO 9 Credit Scoring model on an as yet unspecified date this year.  It has been 6 years since FICO 8 superseded previous versions of the widely used FICO credit scoring system.  Medical debt will have less negative

Credit Bureau Consumer Explanations Never Worth It

  Credit Bureau Consumer Explanations Never Worth It Your right to furnish a credit bureau with a 100 word explanation of an account in dispute may seem tempting.  When you take a closer look at the pros and cons of doing this you will conclude that it is just not worth it.  Lenders never really

FICO 8 of 760 and Beyond: Becoming a Major Leaguer

FICO 8 of 760 and Beyond: Becoming a Major Leaguer FICO 8 of 760 and Beyond:  Becoming a Major Leaguer For the purposes of this article I am going to assume that you have absorbed the lessons contained in my book available at onhomebuyingandcreditrepair.com and have a more than passing acquaintance with my postings on

Latest from FICO: FICO 8–A Primer

  Latest from FICO: FICO 8–A Primer UPDATE:  FICO has introduced yet another update in 2014.  The Latest from FICO is called FICO 9.  The newest version will go easier on medical debt than FICO 8.  Even more important it will ignore paid collections.  Most lenders will be slow to update so expect FICO 8

Top Ten Steps to a Higher FICO Score

Top Ten Steps to a Higher FICO Score Let’s get back to basics and review  the top ten steps to a higher FICO score.  Everyone seems to love top 10 lists so who am I to buck the trend? These are the top ten steps to a higher FICO score. This is the game plan