Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


Sign in to follow this  

REVERSE ENGINEERED FICO! FINALLY!!!!!!!!!!!

The last post in this topic was posted 6265 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Recommended Posts

the way it works is like this:

 

They pick a number between 601 and 686.

 

they add 2 points per account per month it is reported.

 

then they minus off three points for every account that has a limit under $1000 that is under two years old.

 

then they add 6 points for each month that you have had both a mortgage and car loan, as well as a gas/store card.

 

then they minus seven points per inquiry.

 

then they add 4 points per account that shows up as R1

 

then they add 3 points for each account that shows up I1

 

then they minus 20-30 points for each derogatory item, or each item that is not considered a positive factor in reporting.

 

then they minus 30-50 points if you opened an account in the last two years

 

then they add or subtract 30-75 points based on your utilization in total

 

then they add or subtract 20-60 points based on age of accounts

 

then they add or subtract 25-30 points based on account mix (revolving, mortgage, auto, installment, etc.)

 

then they take off or put on a few more points for good measure.

 

then they tack on or subtract an undetermined number of points for good measure, just in case you are trying to revese engineer their scoring algorythm.

 

and.. if you are ever late, or declared bankruptcy,or called CCCS, or had a collection or a settlement or another sort of credit item not mentioned above, they will either add 10-20 points, or (most likely) delete some TL's mentioned above, as well as subtract 35 additional points for good measure. (this is in addition to your score going down due to the tradelines deleted... which are usually the best tradelines.)

 

and, if you dispute anything with a CRA, the account will either be duplicated (if its a derogatory item) or deleted entirely (if you are disputing a balance on a good, on time, aged account.)

 

I've reversed-engineered FICO!!!!

 

who-hoo!!

Share this post


Link to post
Share on other sites

Breeze:

 

please don't move the thread to GENERAL. I know there are alot of !!!! points, but...

 

threads dont get more credit related then this!!!

Share this post


Link to post
Share on other sites

GEORGE would be proud!

 

plus... it doen NOT factor, race, gender, location, or salary, or... even...

 

REALITY!!

 

don't forget where FICO is a valid indicator of how long you will live...

 

persons with a low fico pay higher life insurance rates...

 

(more risk!) hehe

Share this post


Link to post
Share on other sites

Hey BH! Doesn't this qualify you for permanent FICO sainthood? ;)

Share this post


Link to post
Share on other sites

I forgot to add.... subtract an additional undisclosed number of points for not having enough (or too many) charge cards open long (or short) enough.

 

and 10 points up or down, because the average age of accounts could be better (no matter what it is! LOL)

Share this post


Link to post
Share on other sites

The last post in this topic was posted 6265 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




  • Member Statistics

    • Total Members
      179,427
    • Most Online
      2,046

    Newest Member
    Mishie
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines