Keep up to date with every new upload!

Join free & follow MoneyPlan SOS with Steve Stewa
Share
  • 4 years ago
Facts about FICO and the truth behind the Credit Score Industry

Facts about FICO and the truth behind the Credit Score Industry

Even though FICO is celebrating 25 years as a publicly traded company, this is their very first audio interview. We are going to hammer out the clear and correct information about FICO and the credit scoring industry.
Anthony Sprauve, Director of Public Relations at FICO, tells us the truth about:

How FICO is able to capture our data from credit card companies, auto loans, student loans, etc.
The relationship FICO has with the big three credit score bureaus: Experian, Equifax, and Transunion
Which score is the real score?
What is FICO 9 and how will it change someone's score?
Is there an imbalance between evaluating the everyday American's score and someone who doesn't use debt products (Debt Freedom Fighters)?
When will FICO begin using non-debt payments in the credit score?

For a longer transcript and complete show notes visit http://MoneyPlanSOS.com/164

Comments