ddwibb's FICO method

[ddwibb]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

[stickyfingers]

Heh.

 

Anyone else amused by these..?

 

Another month, another "I'm-gonna-figure-out-the-Fair-Isaac-IP threads"...

 

Should make for an interesting masters (if not doctoral) thesis, if you ever get it all sorted out.

 

Happy Holidays!

happy holidaze to you too sticky.

back at 'ya...

 

(what are we still doing in these threads..? )

[hegemony]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

 

my spouse works in the industry and has about 10 years experience, first hand, with credit scoring.

[ddwibb]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

 

my spouse works in the industry and has about 10 years experience, first hand, with credit scoring.

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method, and what you've told me so far does not explain my sudden jump in FICO.

[hegemony]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

 

my spouse works in the industry and has about 10 years experience, first hand, with credit scoring.

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method, and what you've told me so far does not explain my sudden jump in FICO.

you can bad mouth me all you want. you asked for my "source of wisdom" and rather than be a smart flowers regarding your snide comment I told you my source. clearly you have some agenda by saying these things to me.

 

ETA: my spouse does not and never has worked for fair isaac.

Edited December 20, 2006 by hegemony

[ddwibb]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

 

my spouse works in the industry and has about 10 years experience, first hand, with credit scoring.

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method, and what you've told me so far does not explain my sudden jump in FICO.

you can bad mouth me all you want. you asked for my "source of wisdom" and rather than be a smart flowers regarding your snide comment I told you my source. clearly you have some agenda by saying these things to me.

This is what I would exspect from someone tryin to poison the idea of hacking FICO. If you have another opinion about this subject feel free to start your own thread about it.

[stickyfingers]

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method...

Sometimes 'ya gotta just step back and let folks bang their heads into the wall for awhile...

 

Best of luck.

 

Happy Holidays all!

 

"hacking FICO" that's awesome

[hegemony]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

 

my spouse works in the industry and has about 10 years experience, first hand, with credit scoring.

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method, and what you've told me so far does not explain my sudden jump in FICO.

you can bad mouth me all you want. you asked for my "source of wisdom" and rather than be a smart flowers regarding your snide comment I told you my source. clearly you have some agenda by saying these things to me.

This is what I would exspect from someone tryin to poison the idea of hacking FICO. If you have another opinion about this subject feel free to start your own thread about it.

 

you're insane.

[hegemony]

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method...

Sometimes 'ya gotta just step back and let folks bang their heads into the wall for awhile...

 

Best of luck.

 

Happy Holidays all!

 

"hacking FICO" that's awesome

LOL. yah, it should be fun to see what I am trying to poison next...some people just don't want any "real" help.

[InsultComicDog]

For a long time I have thought, wouldn't it be great if it turned out that the FICO score was not based on complicated statistical probabilities and algorithms, but, rather, was stupidly simple, maybe just adding and subtracting points like in a dopey magazine quiz.

[Repair Damage]

Quick, someone grab the lead shields. Heg is trying to tap into our brainwaves!

[ddwibb]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

 

my spouse works in the industry and has about 10 years experience, first hand, with credit scoring.

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method, and what you've told me so far does not explain my sudden jump in FICO.

you can bad mouth me all you want. you asked for my "source of wisdom" and rather than be a smart flowers regarding your snide comment I told you my source. clearly you have some agenda by saying these things to me.

This is what I would exspect from someone tryin to poison the idea of hacking FICO. If you have another opinion about this subject feel free to start your own thread about it.

 

you're insane.

Whether I am insane or not, you have not added anything that proves or disproves my theory, just a lot of words with a gradual negative tone.

[ddwibb]

For a long time I have thought, wouldn't it be great if it turned out that the FICO score was not based on complicated statistical probabilities and algorithms, but, rather, was stupidly simple, maybe just adding and subtracting points like in a dopey magazine quiz.

Of coarse it is a complicated algorithm, but I don't see why someone can't figure a way to hack, or bend it to the comsumers advantage. If the CIA website can be hacked, then why can someone decode FICO.

[hegemony]

oh my....instead of conjecture perhaps some people need to read a bit more about risk scores and FICO in particular.

Please excuse me if I don't believe eveything Fair Issac tells me.

my information is not based solely on Fair Isaac. but it seems I've given an answer you don't want to hear.

Well, what pray tell, is your information based on, if not wisdom gained from your great age.

 

my spouse works in the industry and has about 10 years experience, first hand, with credit scoring.

Before I first posted this I worried someone from the industry might try to poison the idea of hacking FICO. You seem to have a lot of objections to me figuring this out using my own method, and what you've told me so far does not explain my sudden jump in FICO.

you can bad mouth me all you want. you asked for my "source of wisdom" and rather than be a smart flowers regarding your snide comment I told you my source. clearly you have some agenda by saying these things to me.

This is what I would exspect from someone tryin to poison the idea of hacking FICO. If you have another opinion about this subject feel free to start your own thread about it.

 

you're insane.

Whether I am insane or not, you have not added anything that proves or disproves my theory, just a lot of words with a gradual negative tone.

 

negative tone? you're accusing me of being some kind of shill for fair isaac. why you've decided to be an ahole is becoming clearer and clearer.

[InsultComicDog]

For a long time I have thought, wouldn't it be great if it turned out that the FICO score was not based on complicated statistical probabilities and algorithms, but, rather, was stupidly simple, maybe just adding and subtracting points like in a dopey magazine quiz.

Of coarse it is a complicated algorithm, but I don't see why someone can't figure a way to hack, or bend it to the comsumers advantage. If the CIA website can be hacked, then why can someone decode FICO.

Well you would either have to steal the formula from FICO or reverse-engineer it.

 

Assuming the latter, you would have to have a vast amount of information in order to have enough of the variables to use in order to reverse-engineer scores with any degree of reliability. Even if you had that info, it still likely would be a difficult job to figure out how the scores are calculated.

[ihatecras]

Im with you Sticky.

[ddwibb]

For a long time I have thought, wouldn't it be great if it turned out that the FICO score was not based on complicated statistical probabilities and algorithms, but, rather, was stupidly simple, maybe just adding and subtracting points like in a dopey magazine quiz.

Of coarse it is a complicated algorithm, but I don't see why someone can't figure a way to hack, or bend it to the comsumers advantage. If the CIA website can be hacked, then why can someone decode FICO.

Well you would either have to steal the formula from FICO or reverse-engineer it.

 

Assuming the latter, you would have to have a vast amount of information in order to have enough of the variables to use in order to reverse-engineer scores with any degree of reliability. Even if you had that info, it still likely would be a difficult job to figure out how the scores are calculated.

I agree that you would need a lot of information to reverse engineer it. I am working under assumtion that even if we don't know exactly how it works, we can still use strange behavior of FICO to our advantage.

[Necie R]

FICO does not track how much you pay each month.

.

Can you prove that? Did you get that from Fair Issac? If you have another theory for my sudden score jump I would love to hear it. My goal is to figure out the FICO monster.

 

You need to go to myfico.com and click Learn. The complete CRA has your monthly payment history for the past two years and FICO could use it.

payment history yes, payment amount no.

Yep.

 

Your creditors would have to turn over your complete transaction histories in order for a CRA to incorporate payment amounts.

 

(What if one makes multiple payments in a billing cycle..? What if an item is returned and credited..? It's pretty simple Accounting 101...)

 

Well, I do know that they keep track of your minimum payment requirements. And of course I think it would look great to the CRA's if you go way above that each month. Or maybe it is just the fact that you are paying on time every month. Idunno but I sure would love to find out whether or not there's a difference.

 

Necie R

[hegemony]

ddwibb, did you try using the search function? there are a lot of other threads like this. also, you might be interested in the article linked in post #6 in this thread:

 

http://creditboards.com/forums/index.php?showtopic=77798

[MarvBear]

No, Only the SCHEDULED monthly payment amount is reported.

 

NOT what you actually pay each month.

 

Marv - I disagree with this also (as someone mentioned above). Some of my accounts do actually report the last payment amount. I know BOA is one of them. They list the scheduled payment and actual last payment. Two others on my reports do also, but not all of them. This on a CRA report, not internal creditor report.

 

 

Again I would question whether whatever it is you see, is on a creditor version of your credit file, or either the online/snail mail consumer version of your credit file.

[Repair Damage]

No, Only the SCHEDULED monthly payment amount is reported.

 

NOT what you actually pay each month.

 

Marv - I disagree with this also (as someone mentioned above). Some of my accounts do actually report the last payment amount. I know BOA is one of them. They list the scheduled payment and actual last payment. Two others on my reports do also, but not all of them. This on a CRA report, not internal creditor report.

 

 

Again I would question whether whatever it is you see, is on a creditor version of your credit file, or either the online/snail mail consumer version of your credit file.

 

I think his point is that it is reported to the CRA's (by not all, but many creditors that I've seen). I trust you in that you say it doesn't show up on the reports you as a credit grantor see. I'll assume that is the case for all reviewers. The information on personal credit reports must be for the benefit of the consumer to know their history.

[Repair Damage]

Theoretically, there wouldn't be a better place than here to gain samples for reverse engineering the scoring model. With all of the people who have huge jumps and little jumps, monitoring their reports on a day to day basis, it would be theoretically possible to get a pretty sound understanding of the weight of various changes. It certainly would not be an easy task though. I'm pretty certain that Fair Isaac (I'm sure at least some employees monitor these boards), would come down hard if we really got organized. They'd throw the DMCA at the creators of this board faster than they could create the database for changes.

[hegemony]

Theoretically, there wouldn't be a better place than here to gain samples for reverse engineering the scoring model. With all of the people who have huge jumps and little jumps, monitoring their reports on a day to day basis, it would be theoretically possible to get a pretty sound understanding of the weight of various changes. It certainly would not be an easy task though. I'm pretty certain that Fair Isaac (I'm sure at least some employees monitor these boards), would come down hard if we really got organized. They'd throw the DMCA at the creators of this board faster than they could create the database for changes.

there are fair isaac employees that are useful members of CBs.

 

who do you think are the creditors of this board? and how would FIC have any power over them?

[ddwibb]

ddwibb, did you try using the search function? there are a lot of other threads like this. also, you might be interested in the article linked in post #6 in this thread:

 

http://creditboards.com/forums/index.php?showtopic=77798

Yes, I am willing to accept that my exsperiance was a fluke, "random convergance of the stars". I am hoping that others may test my theory, or have similar exsperiances to share.

[Repair Damage]

Theoretically, there wouldn't be a better place than here to gain samples for reverse engineering the scoring model. With all of the people who have huge jumps and little jumps, monitoring their reports on a day to day basis, it would be theoretically possible to get a pretty sound understanding of the weight of various changes. It certainly would not be an easy task though. I'm pretty certain that Fair Isaac (I'm sure at least some employees monitor these boards), would come down hard if we really got organized. They'd throw the DMCA at the creators of this board faster than they could create the database for changes.

there are fair isaac employees that are useful members of CBs.

 

who do you think are the creditors of this board? and how would FIC have any power over them?

 

It would take the creators, or at least moderators of this board, to organize a database to enter report info and the resulting changes in scores vs. TL's. I doubt many people would go to some stranger's website and enter in all their credit report info (basically the full report would be necessary to see true reasons for score changes). There is more trust (whether it is safe or not) associated with sending data to the site owners/moderators than to some random member. Reverse engineering is an issue that anyone who has anything to protect (certainly Fair Isaac fits here), would use whatever legal remedies it can to prevent someone from completing their goal. Whether they would win a suit or whatever, only time could tell. I'm just saying that Fair Isaac certainly wouldn't just sit on their hands if they got wind of it.

 

ETA:

I have no problem with Fair Isaac employees being here, in fact it is a great benefit to us to have people from all aspects of credit here. I in no way am saying that they'd all run back and say something. I would however be shocked if Fair Isaac never caught wind of this in some way or another.

Edited December 21, 2006 by Repair Damage