Fico Math Lesson

Discussion in 'Credit Talk' started by Flyingifr, Mar 11, 2003.

  1. Flyingifr

    Flyingifr Well-Known Member

    Another chapter in "You Just Can't Win With FICO":

    Sherman Acquisitions put their trade line, erroneously, on my CB file. FICO dropped 40 points in 1 day. No other activity in my CB file - no Inquiries, no new debts, just some balance reductions with payments made.

    Sherman REMOVED its trade line, and I only got 14 of the points back!!!!!

    You Just Can't Win!!!!
     
  2. lbrown59

    lbrown59 Well-Known Member

    Yer right it's pretty hard to beat a rigged shell game.
    Do the math:
    640
    -40
    +40
    _____
    614
     
  3. mark

    mark Well-Known Member

    off topic, but I'd like to comment on how lbrown actually composed a post that I can actually read for once. Good job! ;p
     
  4. psbates

    psbates Well-Known Member

    Mark

    I agree! I think he has a good thing going with numbers. No more words from him, just simple numbers we can understsnd. :)

    pb
     
  5. cinderella

    cinderella Well-Known Member

    Mark,

    Add me to the list of those impressed with lbrowns post!:)
     
  6. GEORGE

    GEORGE Well-Known Member

    A+B DOES NOT ALWAYS =C IN F.I.C.O. LAND!!!
     
  7. GEORGE

    GEORGE Well-Known Member

    3 HARDS X 7 POINTS EACH = -21
    BUMPAGE...-3 HARDS = +14

    ADD INSULT TO INJURY...amout of total debt went down >$10,000!!!

    YES, F.I.C.O. IS A FRAUD!!!
     
  8. mark

    mark Well-Known Member

    but FICO has "Fair" in the beginning, cant be a fraud, can it?
    hehe RNG all the way!
     

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