Case Study in Vodoo FICOnomics

Discussion in 'Credit Talk' started by bobcat2414, Feb 4, 2002.

  1. bc

    bc Well-Known Member

    does the Acrobat reader open within your browser or as a separate application? If the reader opens within your browser, that could be the problem.

    To un-integrate Acrobat from your browser, you would need to open Acrobat, click on File, then Preferences, then General, then unclick Web Browser Integration. Close Acrobat and try opening the file from the website. If that doesn't work...
     
  2. David

    David Well-Known Member

    If you download to view (left mouse click), then go to your temp files, drag it out onto the desktop...viola...saved to the hard drive....or drag it to a floppy...viola again.....

    David
     
  3. breeze

    breeze Well-Known Member

    I have read-write - can't save it. :(
     
  4. breeze

    breeze Well-Known Member

    Thanks! I'll try that. :)

     
  5. lbrown59

    lbrown59 Well-Known Member

    F-1 Has to be at least 90 months .
    Ser. Del.Example:You have owed on a pack of gum for over 5 days.
    F-3 Can't have a balance on more than .5 Accounts at one time.
    F-4 Min.Required 25.

    You are getting a break here=It was 2 consecutive Payments 22 times.
     
  6. lbrown59

    lbrown59 Well-Known Member

    QUOTE]Originally posted by bobcat2414
    In the past 2 years you have missed 3 consecutive payments 45 times. How can this be Bob [/QUOTE]Not only do they butcher math;but now they have reinvented the calendar.
     
  7. lbrown59

    lbrown59 Well-Known Member

    ==That's easy change the calendar to 22.5 months per Yr.!
     
  8. lbrown59

    lbrown59 Well-Known Member

    I want to know where I can get one of those 22 and one half month calendars!
     
  9. lbrown59

    lbrown59 Well-Known Member

    I've been able to squeeze 13 Months out of a year,but never 22.5.
    They must be light years ahead of me.
     
  10. Andrew

    Andrew Well-Known Member

    Does "missed 3 consecutive payments" = 90 days late? If so, one could potentially be 90 days late on any given account only two times in one year.

    Here's my logic:

    You have an account, let's say a Visa, that has a due date of the 5th of every month your first payment for calandar year 2000 is due on January 5, 2000. In this case, you fail to make payment by that date, and on February 5, the account becomes 30 days past-due. You fail to pay in February, so it becomes 60 days past due in March and when you fail to pay in March and then by April 5, the account is now 90 days past-due. You finally make payment no later that May 5, 2000 and keep it from going to 120 days and now you are current. If you continue the same cycle over again with missing your June 5, July 5 and August 5 payment, on September 5 you will be 90 days past-due once again. This leaves you with three months left in the year in which you could either allow the account to go to 120+ days past due or in keeping with the "three-consecutive payments", pay in October and be current through November and at worst being 30 days past due in December.


    In this scenario, you can only be 90 days past due on one particular account two times per calendar year and four times over two consective years. Also there could be accounts that range from "never late" to "90 days late" two-times. During a 2 year period, an account could range from "never late" to "90 days late" up to four times, so we might see instances of two and three times as well. Undoubtedly, the "45 times" cannot refer to only one account as that would take 22.5 years, not merely two years to reach that milestone. Am I correct?
     
  11. bobcat2414

    bobcat2414 Active Member

    Andrew I agree. I am still trying to get someone at eloan or tu to explain it. I only have one cc with a balance and a car and mortage. Non have been 90 day past due in the last two years.

    Thanks for your input.
     
  12. breeze

    breeze Well-Known Member

    Arrrrrgh! I did this just now. Got a message the there was an error opening the file, could not repair file. Whatever is there, I have on disk. They've done something to it to keep it from being saved to disk. Anybody know how to fix it so I can open it?


     
  13. bc

    bc Well-Known Member

    I have the 2 Georgia PDF files on my hard drive. I could e-mail them if anyone cannot successfully download them.
     
  14. breeze

    breeze Well-Known Member

    Thanks I finally got it. It was the browser integration thing. :)
     

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