Comments on: The Old Credit Scoring Model http://www.biggerpockets.com/renewsblog/2009/07/10/credit-scoring-model/ Learn, Network, Invest Tue, 24 Nov 2009 02:35:52 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Esko Kiuru http://www.biggerpockets.com/renewsblog/2009/07/10/credit-scoring-model/comment-page-1/#comment-66835 Esko Kiuru Sun, 12 Jul 2009 23:14:02 +0000 http://www.biggerpockets.com/renewsblog/?p=5897#comment-66835 Tom, Your prediction here is probably going to be very close to what will actually happen down the road. Scores of people with stellar FICOs some years ago are now going through foreclosures and credit card misery thanks to the economic meltdown. They know how to handle money, they are responsible, but this disaster just overwhelmed them. In a few years they'll back on their feet and become once again a productive segment to our recovering economy. Tom,

Your prediction here is probably going to be very close to what will actually happen down the road. Scores of people with stellar FICOs some years ago are now going through foreclosures and credit card misery thanks to the economic meltdown. They know how to handle money, they are responsible, but this disaster just overwhelmed them. In a few years they’ll back on their feet and become once again a productive segment to our recovering economy.

]]> By: LoanSurvivor http://www.biggerpockets.com/renewsblog/2009/07/10/credit-scoring-model/comment-page-1/#comment-66798 LoanSurvivor Sat, 11 Jul 2009 12:50:35 +0000 http://www.biggerpockets.com/renewsblog/?p=5897#comment-66798 It will be extremely interesting to see how the effects of the "Great Recession" will cause credit to be treated. I'd like to think that you're right and foreclosures will be somewhat ignored. But, banks & the government they control, may want to keep us under their thumb of control. It will be extremely interesting to see how the effects of the “Great Recession” will cause credit to be treated.

I’d like to think that you’re right and foreclosures will be somewhat ignored. But, banks & the government they control, may want to keep us under their thumb of control.

]]> By: Sam http://www.biggerpockets.com/renewsblog/2009/07/10/credit-scoring-model/comment-page-1/#comment-66789 Sam Fri, 10 Jul 2009 20:03:12 +0000 http://www.biggerpockets.com/renewsblog/?p=5897#comment-66789 Useful information. Thanks for putting it together. The more you know the rules, the easier to play the game. <abbr><em>Sam’s last blog post: <a href="http://debtandcreditguide.blogspot.com/2009/07/how-to-get-your-credit-report.html" rel="nofollow">How To Get A Free Credit Report</a></em></abbr> Useful information. Thanks for putting it together. The more you know the rules, the easier to play the game.

Sam’s last blog post: How To Get A Free Credit Report

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