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Tuesday, December 28, 2010

All bureaus offer FICO 08

CNBC SNG TruckImage via WikipediaAll bureaus offer FICO 08


All bureaus offer FICO 08
Monday, July 27
Posted 3 p.m.
FICO 08 available at all bureaus
Bankrate reporter Leslie McFadden contributed this entry.
FICO, the Minneapolis company that created the popular credit score, announced on Wednesday that the latest version of its scoring model, dubbed FICO 08, will be available at the three largest credit reporting agencies by the end of July.
More than 400 lenders have begun using or testing the new scores, according to a FICO press release.
That's a steep adoption curve, notes John Ulzheimer, president of consumer education for San Francisco-based Credit.com and CNBC contributor. "Basically it's the fastest they've ever seen adoption of a new scoring model."
For now, consumers still won't be able to get their Experian FICO scores through myFICO.com.
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