From: StumbleUpon - Top Items
There is so much emphasis on the Fair Isaac Corporation or FICO
score that people worry about what their score is but they don't
know much about what it means. The easy answer is that if your FICO
credit score is really low banks may consider you to be a high-risk
client and be reluctant to lend...
Respond to this topic on your own blog
Click and press Ctrl+C to copy and paste this discussion on your blog or site
Related Articles
Court dismisses credit-reporting antitrust claims
Two of the three U.S. credit- reporting companies, TransUnion LLC
and Experian PLC, won a court bid to dismiss antitrust claims filed
by credit-score provider Fair Isaac Corp. U.S. District Judge Ann
Montgomery in Minneapolis granted a motion July 24 to throw out
Fair Isaac’s claims that TransUnion and
Experian, along with Equifax Inc., tried to monopolize the
credit-scoring market when they formed a joint venture and
announced the VantageScore credit-reporting model in 2006.The suit
claimed the bureaus tried to use VantageScore to eliminate Fair
Isaac’s FICO score, which it licenses to the
three credit-reporting companies. Equifax settled the case on
undisclosed terms in 2008.In the decision, Montgomery also
dismissed Fair Isaac’s contract and false
advertising claims against TransU...
How Judges Decide Cases
Take this Cognitive Reflection Test from MIT professor Shane
Frederick and see how you score. If you get them
right, you are cognitive, meaning you concentrate and deliberate
before making a decision. Get them wrong and you are
intuitive, making fast and spontaneous decisions.Â
Answers are in the comment section below. 1. A bat and
a [...]
Apply Early: Get Your Score
The early admissions deadline for Founder Institute semesters in
Paris (Apply), Berlin (Apply), Brussels (Apply), New York (Apply)
and Washington DC (Apply) is now this Sunday, August 15th. As an
added benefit to applying early, the Founder Institute will share
the percentile results of your predictive Admissions Test before
the end of August. For example, you may be in the top 25% of all
applicants that has ever taken the test, which now number in the
thousands worldwide. Historically, the 45 minute test required to
enroll in the Founder Institute has predicted the ability of an
entrepreneur to develop a meaningful idea and then execute against
that idea with 73% accuracy (read more here and here). There are
other important benefits of applying early. Double the acceptance
rate. Early ad...
New Strategy in Foreclosure Battles Attacks Validity of Affidavits
When it comes to fighting foreclosures, homeowners and their
lawyers may have found a new strategy to score courtroom victories.
Defense lawyers across Florida are increasingly attacking the
validity of affidavits that owners of notes must file with the
courts as part of the foreclosure process. Attorneys are
successfully arguing that plaintiffs -- usually a trust that owns
the note or the servicer of the note -- are violating court rules
by filing affidavits with no records attached to support their
foreclosure suits.
New Strategy in Foreclosure Battles Attacks Validity of Affidavits
When it comes to fighting foreclosures, homeowners and their
lawyers may have found a new strategy to score courtroom victories.
Defense lawyers across Florida are increasingly attacking the
validity of affidavits that owners of notes must file with the
courts as part of the foreclosure process. Attorneys are
successfully arguing that plaintiffs -- usually a trust that owns
the note or the servicer of the note -- are violating court rules
by filing affidavits with no records attached to support their
foreclosure suits.
