Does Job Info Count

Discussion in 'Credit Talk' started by dnaone111, Jul 2, 2003.

  1. dnaone111

    dnaone111 Member

    Hello,
    This website from the FTC Fair Issac's powerpoint presentation says that job info in considered:
    http://www.ftc.gov/bcp/creditscoring/present/sld008.htm
    But the Fair Issac website says they do not consider anything related to employment in the score?
     
  2. BrettS

    BrettS Well-Known Member

    That whole slide show is really interesting. It wasn't really clear what the slide show was designed to present, but my take on it is that it was presenting the benifits of having an in-house credit scoring system, and not presenting the scoring system used by the credit bureaus. If that is the case, then they're probably saying that job data can be used to determine credit risk, but I don't think that implies that the FICO scores from the CRA's use job data.

    HTH,
    Brett
     

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