myFICO reports back to new format - STILL with wrong field labels
UNBELIEVABLE!
How dare they to maliciously continue to sell completely false data!!!
How can they be so sure that all the class action lawyer are too stupid to pick up on this? I guess it’s because they own the “consumer” lawyers, as you can conclude after reviewing scam class action settlements like Hillis & Slack.
I am so damn tired of having to explain to my clients that the “Last Payment” is NOT the last payment, but, depending on the report, the data of last activity, status, ...
It sure is a lot of extra work to have to analyze the score factors from the various report formats. For some factors, the wording is simpler and makes more sense.
It’s nice to have the exact number of accounts rated as 60 plus days delinquent, that’s some additional info not previously available. But for the account history we went from the number of months to rounding to years, probably to prevent people from checking the calculations and discovering more BUGS.
It is very helpful to see which accounts are rated as closed/inactive, you know which cards you need to use to get them rated as open again.
And all that crap about the interest rates-- IGNORE it, it is NOT correct!
It’s hard to ignore though, it’s constantly in my way when I analyze the reports. What a freaking waste of space. Of course Fair Isaac is trying to entice consumers to buy more of their crappy products and to apply for loans. They get fat commissions for the applications submitted at their site.
Posted by Christine on 06/09/2007 at 12:54 PM
2003 Suit (appealed, Experian filed credit reports on PACER) • Fair Isaac - credit scoring fraudware • 4/07 myFICO missing DLA • (0) Comments • Permalink
