Posted on June - 06 - 2010
3 years later: myFICO STILL creates FICTITIOUS late payments
I recently posted about this KNOWN software bug in the FICO credit scoring software at CreditFactors:
FICO scores STILL create fictitious late payments on Equifax reports
It is astounding that NOBODY cares.
Over 3 years ago I documented the software bug and that it can DESTROY the Equifax FICO scores of people with OLD charge-offs.
Readers contact me about everything else, but not THIS devastating FICO bug.
Nobody looks at their FICO score factors?
Nobody cares about their FICO scores?
That would be GOOD news and I hope that many (near) judgment-proof readers stop paying their credit cards and don’t care about their credit rating anymore.
HOWEVER, what about the people with little or no debt and OLD bad credit?
Why pay more for credit and insurance and maybe even get declined for jobs and loans?
I see so many ads for Lexington and credit repair frauds, there must be an interest in credit repair. So why doesn’t anybody care about this FICO scoring fraud?
I was going to create a new page with new screenshots of the FICTITIOUS lates, but it seems like a giant waste of time.
Similar Posts:
- All About FICO Credit Scores from the FICO CEO
- Seven Different Credit Scores for Sale Cause Confusion
- Joe Nocera’s Terrific Report on the Tyranny of Credit Scores
- Do It Yourself Successfully Repair Your Credit
- Debunking Credit Scores
