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Fico vs Fake-O

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Why mortgage delinquencies are at a 12-year low

There’s a lot of talk about a looming recession in the U.S. economy. But according to one data point, the economy looks pretty healthy.

Mortgage delinquency rates, for single- to four-family properties, have been declining since the Great Recession. At 2.59% in second quarter of this year, according to the Federal Reserve, the rate is at its lowest level since 2007.

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Debunking a credit score myth. No, you shouldn’t leave a balance on your card.

There is soo much wrong with this article, where do I begin?

#1 The writer is incorrect that carrying a small balance on a credit card is not good correct, it actually is. However to clarify, the reason the lender in this example gave, is dead wrong. Credit cards will report and update regardless of whether they are used in a given month or not. However carrying a small balance(ON ONLY ONE CARD) does in alot of cases lead to a slightly higer score becase it prevents a specific “reason code” from triggering.

2. The other mistake this writer made was to ask a “real estate expert” thier opinion on what the mortage lender said, in this case. In either situation you are speaking to someone who is not an expert in FICO scoring. The “Real Estate Expert” also was dead wrong about “different ypes of credit lines” being a key component. Actually having a healthiy “Mix” of credit does amtter, but it accounts for only 10% of the FICO calculation.

The takeaway from this is, dont ask your tailor for advice on buying a diamond ring. He/She may have an opinion, but is not qualified to give it.

 

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Credit help

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Hedge Funds Have Never Been This Bullish On Fair Isaac Corporation (FICO)

Is Fair Isaac Corporation (NYSE:FICO) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk attributes. It’s not surprising given that hedge funds have access to better information and more resources to predict the winners in the stock market.

https://malaysia.news.yahoo.com/hedge-funds-never-bullish-fair-195612506.html?guce_referrer=aHR0cHM6Ly9yLnNlYXJjaC55YWhvby5jb20vX3lsdD1Bd3JYZ0NQUk9LWmQ3aklBTjFocEg0cFE7X3lsdT1YM29ETVRCeVluUjFabWQxQkdOdmJHOERaM0V4QkhCdmN3TXlCSFowYVdRREJITmxZd056Y2ctLS9SVj0yL1JFPTE1NzEyMDM0MDkvUk89MTAvUlU9aHR0cHMlM2ElMmYlMmZtYWxheXNpYS5uZXdzLnlhaG9vLmNvbSUyZmhlZGdlLWZ1bmRzLW5ldmVyLWJ1bGxpc2gtZmFpci0xOTU2MTI1MDYuaHRtbC9SSz0yL1JTPVVEcm42Q0NVV2FPTWFUQ2NjaDlsQUpITHVjZy0&guce_referrer_sig=AQAAACg8d_zCuoGsWTqw7zYqJNJ2Aq13ElyUZdWxJSdUVAk4UlvT-HNg13H1nPpeSJzyY8y8q5s0mdIK4w21OEE474U2BfYwAVRhnn82drR6NXGgzkhq_2IrGkm9ZQPSP1TZWW3HegQb7FZKn7A44MsHZaX7yMOHXwlfVrq6dM9hAHqc&guccounter=2

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Does Experian plc’s (LON:EXPN) -15% Earnings Drop Reflect A Longer Term Trend?

For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. Below, I will examine Experian plc’s (LSE:EXPN) track record on a high level, to give you some insight into how the company has been performing against its long term trend and its industry peers.

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