Are Alternate Credit Scores Worth the Trouble?

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Are Alternate Credit Scores Worth the Trouble?  Based on a couple of articles we’re looking at, they might not be.




One thought on “Are Alternate Credit Scores Worth the Trouble?”

  1. Donald Stump says:

    FICO is the worst thing that was ever adopted by lenders. In the old days we used our brains to analyze a borrower. We ran a credit report, checked tax returns, source of down payment and references to verify employment. If an applicate had a department store card that had a 30 day delinquent we ignored it as for some reason they always showed a delinquent. We would actually talk with the borrower and let them explain why as the card was usually explainable as it was usually inaccurate.

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