Monday 27th of November 2017 01:37:23 PM
Credit modeling is hokum. In 2 days credit score went from 792 to 780 to 792 without any other change in the report. I've had absolutely perfect credit for 10 years zero owed, zero late, perfect 25 year US Gov employment and 26 years retired military, absolutely perfect credit but the score has fluctuated up and down more than 75 points and will not stay above 800. Never, have I or any other person I know, for that matter, ever reached 850. Purely hokum at the whim of FICO and others. No real science. What can we do about it? We're doing it. More and more this phony scoring stops people from borrowing money. It causes people to rely on saving money for things the need and/or want. As the FICO system stops more and more from borrowing, they'll realize that their demise was caused by themselves and their own poor choices to cause people to be self reliant.