well most CNers know how to work the system...i know i do - my fico is WAY above where it probably should be (yes, i can admit it) simply by using the FCRA and FDCPA to my advantage. or look at young people with only a couple TL's a few years old with FICO's in the 750's. i see more first time home buyers who are like 23 just out of college and their only credit is 3 TL's for student loans that are four years old that are still in deferment...how does that help bankers, insurance cos, etc? are their fico's an accurate source of determining their ability to repay?
Are their fico's an accurate source of determining their ability to repay? jenz ========== >> >>With a 70% reporting error ratio how can any score derived from this erroneous information be an accurate reflection of anything either Neg. Or Pos.???
