FICO

JANUARY 21, 2020

The Empirica Score was developed by predictive analytics software company FICO with the aim of equipping organisations that offer credit to their customers with solid risk assessment when determining an applicant’s eligibility for a credit. Account Origination Analysis Shows Downward Shift in Risk.

Credit Risk 52

Credit Risk Risk Economy Origination 52

FICO

JANUARY 10, 2017

The “innovation” VantageScore claims can score more people is simply the weakening of credit score criteria. The minimum criteria needed to produce the FICO Score aren’t arbitrary — they are the result of decades of research into risk assessment. A mortgage would be a big leap up the credit ladder.

Research 81

Research Consumer Risk Assessment Risk 81

FICO

NOVEMBER 22, 2018

FICO analysts regularly monitor these scores to ensure that the models are providing the high degree of accuracy in risk assessment that is expected of FICO products. This regular monitoring also enables FICO analysts to identify any developing credit risk trends occurring in the Russian market.

Accounts 45

Accounts Origination Risk Credit Risk 45

FICO

OCTOBER 11, 2019

The area where the action of closing a credit card account may have impact on a FICO® Score is with evaluation of revolving account utilization. This is simply a ratio that looks at how much of your available revolving credit limits are being used. The higher revolving utilization percentage the greater the risk.

Credit Cards 40

Credit Cards Accounts Assessments Credit Limit 40