Comments on: New FICO Scoring System Could Raise Your Credit Score http://www.autocreditexpress.com/blog/2009/02/24/new-fico-scoring-system-could-raise-your-credit-score/ How to get an Auto Loan with Bad Credit - Auto Credit Express Sun, 14 Mar 2010 08:12:12 +0000 http://wordpress.org/?v=2.6 By: Willby http://www.autocreditexpress.com/blog/2009/02/24/new-fico-scoring-system-could-raise-your-credit-score/#comment-1395 Willby Fri, 27 Mar 2009 17:40:46 +0000 http://www.autocreditexpress.com/blog/?p=515#comment-1395 Just because FICO 08 is finally being released, consumers need to be aware that not every loan officer and lending institution will be on the new software right away and the old scoring rules may still apply until the place you are doing business updates to the latest software. Some companies are still on software that is 3-4 scoring versions behind. Also, bear in mind that many automotive lenders are pulling a different version of the FICO score that is weighted for automotive lending purposes. Just because FICO 08 is finally being released, consumers need to be aware that not every loan officer and lending institution will be on the new software right away and the old scoring rules may still apply until the place you are doing business updates to the latest software. Some companies are still on software that is 3-4 scoring versions behind.

Also, bear in mind that many automotive lenders are pulling a different version of the FICO score that is weighted for automotive lending purposes.

]]> By: Kiel http://www.autocreditexpress.com/blog/2009/02/24/new-fico-scoring-system-could-raise-your-credit-score/#comment-1055 Kiel Wed, 25 Feb 2009 20:05:55 +0000 http://www.autocreditexpress.com/blog/?p=515#comment-1055 Talk about a real to life David and Goliath story! Thank God there's someone out there trying to see through this Hellish mess and creating a solution when all others are just crying about it. It''s people like this that make me proud to be an American! With hard work and dedication, ANYTHING is possible! Talk about a real to life David and Goliath story! Thank God there’s someone out there trying to see through this Hellish mess and creating a solution when all others are just crying about it. It’’s people like this that make me proud to be an American! With hard work and dedication, ANYTHING is possible!

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