FICO's new credit scoring system to debut in early 2019


  1. Martin Scott

    Martin ScottBulan Yang lalu

    I was in need of money to take care of my son in the hospital due to his health issues .I have only 300$ with me and the doctor said I need up to $5 .000 before they could run the operation to make my kid get better. and my friend introduce me to hacker dave , I thank him so much because he saved my son life, I try up with the 300$ wish I was scared about it and I get 4000$ true my PayPal he is so honest and trustworthy, he told me he deals with credit card hack, bank hacks, PayPal hacks, western union hacks, etc he told me not to give anyone is contact but I want you guys to enjoy from his bI was recouping from a car accident. A relative used my credit cards ran up to the limit, maxed all my credit cards. When I was able to check this out. I didn't charge all these cards. Had to file bankruptcy. So now I have TMobile after me that I didn't sign for, did not go in store and purchase phone with them. They were not on bankruptcy list The collection company called told them as I disputed with tmobile. Did not sign did not pick up phone. Do not have phone with them. it was fraud on my credit cards I didn't charge these items nor sign for a phone. Also my family member cashed a check for my car for over 15,000.00. Kept the money. Do not have money for a attorney. But for God so good, God sent a helper to me called hacker dave who magically make payments on my credit cards for me, the payments didn't reverse and he also fixed my credit, raising my credit score from 438 to 809, thanks to dave, he's a helper and I can't in this world thank him enough, you can contact him for credit fixing and credit card payment or bank account huge money funding, he's going to help you too. trust me... petersondave650@ 663 9180

  2. Ricardo McMillan

    Ricardo McMillan3 bulan yang lalu

    20 points? dad burn it still cn't afford a tiffany lamp

  3. ParalegalNfashion

    ParalegalNfashion3 bulan yang lalu

    Not sure this will help those with low scores IF they go through money fast. Meaning, those that are poor will likely go through any lump of money quickly. For instance, working parents get 6k back in taxes. They then quickly get new clothes, car repair, and improve their home. All 6k is gone in a few months out of necessity. Wouldn't that reflect badly on them?

  4. Grace

    Grace4 bulan yang lalu

    Let’s give these fools our bank info so they can analyze and direct more marketing, gtfo

  5. Sara Geralds

    Sara Geralds7 bulan yang lalu

    I finally have a credit score of 832 after using a credit repair company but I feel it is not worth it after all.

  6. Kristen Dean

    Kristen Dean5 bulan yang lalu

    Sara Geralds it really isn't

  7. Stephanie A

    Stephanie A7 bulan yang lalu

    exactly why I created my youtube channel to provide content on why we should be saving. Millennials lets stay together and continue to save and invest.!!!!!

  8. My Nibba

    My Nibba8 bulan yang lalu

    So they are absorbing more of your personal information?

  9. nuster dom

    nuster dom9 bulan yang lalu

    Thank Obama 1.6 Trillion to the banks

  10. Z kai

    Z kai10 bulan yang lalu

    So close Yet so far from that magic 800

  11. Ericka Williams

    Ericka Williams10 bulan yang lalu

    False this is BS. the average american just uses the bank account to cash checks and quickly pay bills. This will help folks who have Higher incomes and higher savings. Old folks, do not leave money in the bank. Many folks do not leave money in the bank. I work with clients now who are applying for loans and banks asking for 3 months of bank statements.

  12. Oba*** Man

    Oba*** Man10 bulan yang lalu

    The banks are finding another way to force a loan to people who cannot afford it, it is call preying on those who cannot handle responsibility.

  13. Michael MGTOW

    Michael MGTOW10 bulan yang lalu

    Opt out folks! A set up! Our whole economy is based on credit. They have to continue to offer credit to fools to keep the whole thing propped up. The awake have awoken!

  14. Candi

    Candi10 bulan yang lalu

    There’s no end to how far they will go to rip off Americans. Whatever happened to a right to privacy l. You have companies looking at your credit score and they aren’t even loaning you money.

  15. ManPursueExcellence

    ManPursueExcellence10 bulan yang lalu

    Is that legal? Can they do that?

  16. Easedan900

    Easedan90010 bulan yang lalu

    No borrowing, save money, screw the bank system enslavement.

  17. Zavi Zavi

    Zavi Zavi10 bulan yang lalu

    Slavery Corporation

  18. AES

    AES10 bulan yang lalu

    Credit bubble near all time high, Lets give out more shitty Credit

  19. Timothy Graham

    Timothy Graham10 bulan yang lalu

    Determining your score based upon your bank account is not right. This is another way to keep the poor from getting loans. You can see in this man's face his reasoning for the change is complete bullshit.

  20. Steven Stuart

    Steven Stuart10 bulan yang lalu

    So make the public more in debt ha ha ha. Stupid fico. Who an the heck came up with that crap !

  21. Michael Nudelman

    Michael Nudelman10 bulan yang lalu

    Cmon people don’t borrow money . Debt is dumb cash is king and the paid off home mortgage has take the place of the BMW as the status symbol of choice ... Dave Ramsey ..... look him up right here on IDreporter

  22. D. M. Cook

    D. M. Cook10 bulan yang lalu

    New credit card company PETAL as well as college student-focused credit card company DESERVE are two of several that have already implemented this new system for applicants. In fact, you cannot complete the application without connecting your bank account in order to submit your info. There are so many problematic areas I've already identified with this new scoring system. 20 points ain't no incentive anyway!!!

  23. Steve M

    Steve M10 bulan yang lalu

    They are trying to collapse economy, they are giving loans the same way they did prior to 2008 collapses. I watch people get into $350,000 homes back then that made half the money I did, they qualify people by giving no money down, low monthly payments and at the end of 5 years a massive balloon payments is due which the bankers know the people won't able to make huge lump sum payment and they will foreclose in a heartbeat, Meanwhile they know that the loans were insured by companies like AIG. The bankers collect on the loan twice, once from the phony insurance company that they run and then federal government Fannie May backed insurance , which is the American tax payer is on the hook for the rest as and they get the property back and then they want the taxpayers to bail out their phony insurance companies they get paid three time and we get screwed as taxpayers holding the bill! They been scamming the American people for decades and decades saying they are to big to fail.

  24. Glock19ist

    Glock19ist10 bulan yang lalu

    The borrower is slave to the lender. Don't borrow money

  25. Big Homie

    Big Homie10 bulan yang lalu

    Stephanie Alexander Lol Mz Stephanie I'm a small business owner I have a house, I might give Dave a listen later! But what I'm telling you is common sense, wages are stagnant in our country, Most American people don't have $20,000 liquid cash to invest into a house, 20k is about 5pct of 400k, that's why most people need credit, unless you're wealthy! And to be honest I wouldn't just put 20k into anything but my business to try to eventually make more money, only thing Dave can tell me is when the crash is coming because real estate prices are through the roof in my city!

  26. Stephanie Alex

    Stephanie Alex10 bulan yang lalu

    Big Homie do some research on Dave Ramsey and how to buy a house

  27. Big Homie

    Big Homie10 bulan yang lalu

    Stephanie Alexander You have a very small point! But it depends on what do you consider to be a great down payment? Most working people making 13 to 30hr can't afford a major down payment, depending on what you consider a major down payment? On a house that cost 400k, and the purpose of having great credit is so you don't have to make a down payment, people who don't have credit have to make large down payments!

  28. Stephanie Alex

    Stephanie Alex10 bulan yang lalu

    Big Homie Dave has the suggestion for a great downpayment and 15 year mortgage. There are formulas on how much house to buy for your income. Problem is everyone is in too much of a hurry to have it all too soon.

  29. Big Homie

    Big Homie10 bulan yang lalu

    Stephanie Alexander If you live by that motto it's safer, but I would a person ever own a home?

  30. Harlacan

    Harlacan10 bulan yang lalu

    Interest rates are up, Banks getting greedy.

  31. captiantim1

    captiantim110 bulan yang lalu

    How to make a rat into a hamster. Dose not sound good to me

  32. Santonio Allen

    Santonio Allen10 bulan yang lalu

    This is bad....very bad. They are about to increase lending opportunities to people who have no clue how to manage money and are in dire straights.

  33. John Ward

    John Ward10 bulan yang lalu

    Creeping closer and closer to the social credit scoring system in China.

  34. Ericka Williams

    Ericka Williams10 bulan yang lalu

    exactly I think people are not PAYING ATTENTION

  35. Onky

    Onky10 bulan yang lalu

    Alright I bet I could get the Amex Centurion now with this

  36. Rozay Tone

    Rozay Tone10 bulan yang lalu

    They just making it harder and harder to have good credit .. what if I’m broke but always make sure all my bills and credit is paid on time?? But bank account is bad ? Stupidity

  37. Trent SC

    Trent SC10 bulan yang lalu

    If you have money you can get credit by opening secured cards or your rich parents cosign. Rich teenagers can have great credit. Jesus Christ is who gives free access to life in abundance. Many reject the offer unfortunately, and continue to be slaves to sin.

  38. Erik Statix

    Erik Statix10 bulan yang lalu

    “It’s how you manage your money, not how much you have”

  39. Time Is illmatic

    Time Is illmatic10 bulan yang lalu

    Rozay Tone it’s not mandatory

  40. Disappointed Steve

    Disappointed Steve10 bulan yang lalu

    Loans mean your a wage SLAVE! No thanks, I value my freedom literally and figuratively! Say NO to personal debt! ... and, BUY BITCOIN! 😃

  41. Disappointed Steve

    Disappointed Steve10 bulan yang lalu

    @Steven Nagle Yup! 😃

  42. Steven Nagle

    Steven Nagle10 bulan yang lalu

    Or get a lot of credit wait for the bottom and start of the next bull run and then buy a bunch of bitcoin as the money they lent you becomes even more worthless day by day

  43. laila ready

    laila ready10 bulan yang lalu

    Credit cards are 18% ? I pay 0% that’s why you pay your credit cards off at the end of the month

  44. James Samung

    James Samung10 bulan yang lalu

    They say a fico score has nothing to do with your credit approval

  45. James Samung

    James Samung10 bulan yang lalu

    If your checking account information is on the credit bureau’s hackers can get that information. The credit reporting agencies can’t keep your information safe Fico created greed

  46. Ahmed Abdel-Aly

    Ahmed Abdel-Aly10 bulan yang lalu

    How economy is doing really well who you are talking to?lack of transparency,scam after scam. Or there is a root cause toward your benefits. I got rid of all my credit cards.super evil super harmful even when you understand well how it works and have a good management.another harmful harm to people.

  47. etaylor38

    etaylor3810 bulan yang lalu

    This is B.S. just for the Banks to hurt more people, especially poor people that don’t have high balances. This gives them more power over you. (Slaves).

  48. Faithfull Family

    Faithfull Family8 bulan yang lalu

    @Michael Cooley thanks for the info. I am using their service now. Their customer service is excellent and Service charge is reasonable. Plus they have money back guarantee.

  49. Ericka Williams

    Ericka Williams10 bulan yang lalu

    exactly most folks do not leave alot of money into their accounts.

  50. Muriel Williams

    Muriel Williams10 bulan yang lalu

    What if you have multiple banks I have one for my mortgage, one for my bills, any to save

  51. Shaolin Soldier

    Shaolin Soldier10 bulan yang lalu

    Make sure you have 400 .oo in each. Account. Never miss a payment.

  52. Shaolin Soldier

    Shaolin Soldier10 bulan yang lalu

    Sounds like you are better off using cash and not getting any credit at all

  53. Mclemore Kevin

    Mclemore Kevin6 bulan yang lalu

    My personal testimony, after an additional 163 point increase I received my 2nd 25,000 line of credit!!!! Credit is power who’s ready to improve their credit ???? Call or message *Conner on 323 325 - 5254* ... Tell him Kevin referred you!!

  54. Butch Reed

    Butch Reed8 bulan yang lalu

    Tee Cee that's how I roll credit is for ppl who don't have money, that's the way all other countries do it. Were one of only a handful of countries who have a credit system at all. You can thank India for this, they actually orchestrated the credit system for the United states to my understanding

  55. Ana Gina

    Ana Gina9 bulan yang lalu

    @Faithfull Family How do I get in touch ?

  56. Faithfull Family

    Faithfull Family9 bulan yang lalu

    I have use Haxedge over the years, both times they did a wonderful job for improving my credit and clearing my debts. They did exactly what they said they were going to do. I'm happy with their service and would use them again if needed. I highly recommend them. HAXEDGE at GMAIL dot COM

  57. Honestly Nate

    Honestly Nate10 bulan yang lalu

    Until you apply for a job and you realize any well-paying job is going to check your credit score

  58. Trending business

    Trending business10 bulan yang lalu

    i . had a bank account my dad, open for me since I was 6 lol,I'm 30 now...

  59. Drowsy_ Mouse

    Drowsy_ Mouse10 bulan yang lalu

    Subprime crisis number 2. this time auto and student loans.

  60. Eric Stewart

    Eric Stewart10 bulan yang lalu

    This is set-up to be an opt-in...IF Door #1 is shut in your face, a person can say hey reevaluate me by taking into account how I managed 'this' account ( as you get to choose, which account they look at).... Ppl will good credit scores shouldn't be and won't take this option and as it stands they wouldn't be asked to... Like FICO HD and FICO9, just because FICO intros a new whatchma call it doesn't mean banks will embrace it, so we'll see. Generally, the only narrow group I see benefitting are those Dave Ramsey zealots that 'Pay Cash til Death' but are they likely to 'care' in the 1st place, remember they don't want loqns or to be involved with the eeky industry so why give additional access, if you're an outsider..... The marginally scored person that it seems to HYPE up, likely might do themselves MORE damage by opening these can of worms into their private accounts, where likely 4-8 months of credit & debt management, would have clean up their regular FICO in the 1st place.... Will the rates n terms will EXACTLY the same for those 'approved' using the alternative = riskier 'new' avenue? Likely not, so the COST of borrowing will be yet that more expensive for a borrower that likely should have been denied.....this sounds eerily familiar😱

  61. Jeff Daugherty

    Jeff Daugherty11 bulan yang lalu

    Is this a opt-in or an opt-out program? I have credit in the 800's but I don't want my checking account going everywhere

  62. Mike Quinn

    Mike Quinn10 bulan yang lalu

    Hi, I've now just been informed about do you opt out?? Do I have to sign some form telling them NO, or just do nothing?

  63. Jay

    Jay10 bulan yang lalu

    It's opt in. Your score is good, so opt out

  64. Jeff Daugherty

    Jeff Daugherty11 bulan yang lalu

    Bad habits that people have have nothing to do with her checking account if someone has a poor credit history and they're checking account has money in it it just proves they cannot manage their money it's more reason to deny them in my opinion

  65. Sixfigas

    Sixfigas10 bulan yang lalu

    @Richard Rowland that's just not how this works. Over the last 30 years wages have been stagnant across the board with the exception of the rich. Saying you can wake up and get a better job or working harder than the full time that you already work is not the solution when those jobs are not available to everyone or they are not qualified. Not everyone can get the education necessary to do what you think folks should.

  66. Richard Rowland

    Richard Rowland10 bulan yang lalu

    @Sixfigas if you have low wages get a better job or another one. Don't blame you life on you wages. You can change it

  67. Sixfigas

    Sixfigas10 bulan yang lalu

    Low wages play a role as well. Not solving that particular issue is only going to make things worse especially not having any leeway to have bad times.