Understanding Poor GEORGE

Discussion in 'Credit Talk' started by Flyingifr, Sep 8, 2003.

  1. Flyingifr

    Flyingifr Well-Known Member

    You have to excuse George. He has 25 years of perfect credit, a 6 figure credit line and less than 10% utilization, and a FICO of the low 700's. Whenever he pays down his debt, his score goes down. Whenever he doesn't pay down his debt, his score goes down. Whenever he closes a credit line, his score goes down. Whenever he opens a credit line, his score goes down. Whenever he eats Shredded Wheat for breakfast, his score goes down.

    FICO's algorithm has one set of rules for all of us with crap credit and another for George. It's called Unless You Are George Factor (UYGF).

    The FICO simulator says your score will go up if you pay your bills on time, UYGF.

    The FICO simulator says your score will go up when you pay down your debt, UYGF.

    The FICO simulator says your score will go up if the CA's and Subprime lenders drop off your file and are replaced with prime lenders, UYGF.

    The FICO simulator says your score will go up if you refrain from applying for credit, UYGF.

    The FICO simulator says your score will go up......well you get the idea, UYGF.
     
  2. SoParkDiva

    SoParkDiva Well-Known Member

    Lol. This should be pinned so newbies don't think "ALL CAPS GEORGE" is posting from a sanitarium :)
     
  3. snakeman

    snakeman Well-Known Member

    ALL CAPS GEORGE.....LOL

    "Ode To George"......By SnakeMan.

    There once was a guy named George
    In time he certainly did forge,
    a good credit rating
    by always debating
    every mountain and mole hill and gorge.

    .......or


    George worked as hard as a tractor
    and every dispute....he tracked her.
    but nevertheless
    one has little success
    when bound by the "unless your george factor"

    Vote for your favorite...

    SnakeMan
     
  4. Amy B

    Amy B Well-Known Member

    I have to say that this is EXACTLY what I am going through lol!! I still say the CRA's are a conspiracy. Notably, my banker said today that if he was in the credit reporting business he'd get out because they are in a heap o' trouble. And to that I say "YES!!" Fair is fair!
     
  5. Quixote

    Quixote Well-Known Member

    GEORGE= The original CAPITAL ONE.
     
  6. DanS

    DanS Well-Known Member

    Please correct the acronym and update George's reports immediately - it's UYAGF
     
  7. Quixote

    Quixote Well-Known Member

    For those who wonder where the UYGF started, here it is.
     
  8. breeze

    breeze Well-Known Member

    Hilarious!


    --------------------------------------------------------------------------------
    Originally posted by Flyingifr
    Whenever he pays down his debt, his score goes down. Whenever he doesn't pay down his debt, his score goes down. Whenever he closes a credit line, his score goes down. Whenever he opens a credit line, his score goes down. Whenever he eats Shredded Wheat for breakfast, his score goes down.


    --------------------------------------------------------------------------------
     
  9. jlynn

    jlynn Well-Known Member

    Re: Re: Understanding Poor GEORGE

    You don't like contractions? you're

    :)
     
  10. PsychDoc

    PsychDoc Well-Known Member

  11. Flyingifr

    Flyingifr Well-Known Member

    Re: Re: Understanding Poor GEORGE

    bump because GEORGE got a CL increase AND Amex
     
  12. Hedwig

    Hedwig Well-Known Member

    Re: Re: Understanding Poor GEORGE

    Yes, if he keeps this up we may have to re-evaluate the UYGF.
     
  13. GEORGE

    GEORGE Well-Known Member

    Re: Re: Re: Understanding Poor GEORGE

    BUT CITIBANK JUST BLEW ME OFF!!!
     
  14. Flyingifr

    Flyingifr Well-Known Member

    Re: Re: Re: Re: Understanding Poor GEORGE

    UYGF is alive and well.
     
  15. Hedwig

    Hedwig Well-Known Member

    Re: Re: Re: Understanding Poor GEORGE

    That's true! I guess UYGF is safe for a little while longer.
     
  16. Hedwig

    Hedwig Well-Known Member

    Re: Re: Re: Understanding Poor GEORGE

    Flyingifr, you must have been typing at the same time I was. Great minds think alike!
     
  17. RichGuy

    RichGuy Well-Known Member




    Actually, it's degenerated into "your." And with no offense intended, he's not my GEORGE. :)
     

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