How the New FICO Score Model Will Affect Banks

When Fair Isaac Co. announced a new credit scoring model last week, it earned significant media attention and won praise for helping consumers marred by medical debt to boost their scores. Collections - Other Consumer

By |2014-08-17T19:54:16-05:00August 17th, 2014|FDCPA|Comments Off on How the New FICO Score Model Will Affect Banks

Fair Isaac’s New Scoring Model Downplays Medical Debt

Fair Isaac Co. revealed Thursday that its revamped credit score model will not weigh medical debt as heavily as previous versions, a key change given that medical debt accounts for nearly half of all unpaid collections on consumers' credit reports. Collections - Other Consumer

By |2014-08-09T16:58:31-05:00August 9th, 2014|FDCPA|Comments Off on Fair Isaac’s New Scoring Model Downplays Medical Debt

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