FICO

  • Medical Collections

    • February 23, 2023
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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  • Scoring Model Changes Are Coming

    • November 2, 2022
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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  • Credit Reports May Be on the Verge of a Major Overhaul

    • July 29, 2021
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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  • UltraFICO

    • November 8, 2018
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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    Fair Isaac Company (FICO) along with Experian and data aggregator Finicity announced last week that starting in January 2019 they will begin pilot testing a new credit score called “UltraFICO.” In addition to the information the scoring models already take into consideration, this new score will also factor in the money a consumer has in

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  • Advantage Credit Introduces Rapid Rent Reporting

    • September 14, 2015
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: Press Releases
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    Evergreen, Colo., September 14, 2015 – One way that Advantage Credit, Inc. remains on the cutting-edge of credit reporting is by continually striving to provide the most effective tools and applications. The latest endeavor is to introduce Rapid Rent Reporting, which allows the reporting of a consumer’s rental payment history as a traditional credit report

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  • How Many FICO Scores Does a Person Have?

    • February 19, 2015
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
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    One of the most misunderstood facts about FICO scores is that most consumers think they only have 3…one for each bureau. The fact is that a consumer actually has dozens of FICO scores. With the rollout of FICO 09 a consumer now has approximately 65 different FICO scores. That can sound a bit overwhelming but

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  • What Score Factors/Reasons Mean

    • December 4, 2014
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    We all know FICO scores can be incredibly confusing to say the least. It seems there are always more questions than answers. How are they calculated? Why do they vary? What makes them change? I could go on and on. But what about those score factors/reasons you see when a lender pulls your credit report?

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  • Why Are FICO Scores Different on Mortgage Credit Reports?

    • February 4, 2013
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    We all know there are differences in credit scores because of different scoring models (i.e. FICO,Vantage or other proprietary credit scores). Credit scores will also vary depending on the permissiblepurpose behind your accessing a credit report. For example, when a consumer applies for a credit card,the credit score delivered is different than the credit score

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  • A Glimpse Into the Secret World of FICO

    • February 10, 2010
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    How much? This is one of the biggest questions we get as a credit reporting agency. How much does a late payment affect a score? What about a maxed out credit card? We all know a bankruptcy is a big hit to your score, but how much of a hit? Until now, we’ve only been

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