Quoting realperson@aol.com:
Hi Bo,
I just found this website this morning, and if I could ask you a quick question. I was listening to Suze Ormon on her show, and she said that FICO is the only score that matters. I went to myfico.com and sure enough they sell her things online. What I'm getting from your info is that they all have a scoring system, and maybe FICO just has a little better marketing. What are your thoughts?
Thank-you,
REAL PERSON
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She was saying "that" in reference to all scores but probably advocating fico because of her affiliation. All scores fico, emperica, beacon are the most important part of your credit not just a what is on your credit report. Many banks look at these scores only. So they are all very important depending on which one a credior uses. We use beacon scores but sometimes send stuff to banks for approval and they use the trans union fico. So it totally depends.
email bo
Monday, November 28, 2005
Suze Ormon said that FICO is the only score that matters
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