[karpov]

The changes are plausible, and in any case decisions to lend should be made people risking their own money, not politicians. Sanders disagrees: Bernie Sanders wants to replace private credit reporting firms with free, public registry

[where's_the_Outrage?]

I paid off my house (no new loans) in Nov and my credit score dropped 30 points. Still haven’t figured out that one.

[Damifino]

This FICO change is interesting as it reassigns the use of unsecured personal loans. Curious how my score will be affected as I currently have and have many many times in the past used my personal unsecured line to acquire vacant land.

It's difficult, if not impossible, to get traditional financing on land using it as security.

[rstrahan]

FICO needs a complete investigation by the Feds. Their ratings scores are rediculous.. They can cut it tremendously overnight, takes years to recover. And there is no way to see why as everything is proprietary.

[Terry L Smith]

I’m the guy they hate.
I use no credit cards.
I pay cash, only.
I owe no loans.
So, why worry about a method to control you, if they have no hooks on you??

[ChildOfThe60s]

Bttt

[dfwgator]

White Loan Officer: Uh, Harry, why don’t you, uh, take your break now? I’ll take care of.. uh.. Mr. White.

Loan Officer: Well.. okay. Thanks, Bob. [ exits ]

White Loan Officer: [ laughs, then sits ] That was a close one, wasn’t it?

Eddie Murphy: It certainly was.

White Loan Officer: We don’t have to bother with these formalities, do we, Mr. White? Huh?

Eddie Murphy: What a silly Negro!

White Loan Officer: Just take what you want, Mr. White. Pay us back anytime. Or don’t. We don’t care.

[Buckeye McFrog]

That answers my question about why my score just went down a tick, even though NOTHING in my situation has changed.

[Mr. Jeeves]

Sounds racist. We need a few billion more dollars directed into programs to mitigate the effect of this white male policy on underserved communities. /s