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 Posted: Tue Jan 23, 2007 2:32 am Post subject: Credit Scores of People in a Bankruptcy |
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In other words, when you file bankruptcy your score is determined based on how you do compared with other bankruptcy filers, explains Fair Isaac spokesman Craig Watts. The reason? Fair Isaac has found this to predict credit risk better. "It's a much fairer comparison," he says. "You're not compared with people with rosy, perfect reports."
http://www.smartmoney.com/debt/advice/index.cfm?story=boostscore&afl=myyahoo
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