PART ONE
The Credit Scoring Site
A bleak account
Google
Web     creditscoring.com     creditaccuracy.com
 
 

PART TWO
creditaccuracy.com
Dirty Data

creditscoring.com
in the media

HowStuffWorks
Clark Howard
Federal Reserve
Chicago Tribune
Christian Science Monitor
Columbus Dispatch
Augusta Chronicle
Bankrate.com
Bankrate.com
Realty Times
Realty Times
Newsweek
Nolo
Nolo: Credit Repair
About.com
MoneyCentral Radio
The Detroit News, July 17, 2000
Money Maze Radio
USA Today Hot Site, 9/17/98
654 days 4 years of Wikipedia malarkey



credit score > range

Credit score range

Definition and comparison of the range of various credit score models, including FICO

7/21/2009

The FICO credit score range is 550:

850 - 300 = 550

(Its lowest and highest values are 300 and 850.)



CREDIT SCORE CHART


MODEL
SCALE
RANGE
(unknown) (per HUD)
360-840
480
VantageScore
501-990
489
PLUS
330-830
500
FICO
300-850
550
TransRisk New Account
300-850
550
TransUnion
150-934
784


Experian used to have a credit score with a range that made sense— 1000— but changed it, ill-advisedly.

Definition of Range

Math.com
"In statistics, the difference between the largest and the smallest numbers in a data set."


Dictionary.com
Statistics. the difference between the largest and smallest values in a statistical distribution."


Encyclopedia Britannica
"The range, the difference between the largest value and the smallest value, is the simplest measure of variability in the data." (categorizes the term "range" as a numerical measure of descriptive statistics)

For confusion, see: http://mathworld.wolfram.com/Range.html

And, count on Wikipedia to provide an inaccurate definition of range with an entire section of its Credit score (United States) article called Range of scores. It never mentions a score range, and even conflicts with its own definition in Range (statistics).

Other scoring systems' ranges

50 (50 to 100) is the range of the Wine Advocate Rating System devised by Robert Parker. You get 50 for just showing up. That could be the idea behind most of the credit scoring systems: To avoid having people jump off ledges due to a score of 27 out of 1000, or obsessing over getting a perfect 1,000 (VantageScore curiously stops at 990).

Some scoring systems' ranges


Also, see:

Fun with numbers
What is a credit score?



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Lines are drawn

Are you a Believer or Nonbeliever—are they really used in jobs? Credit score use by employers showdown.


April, 1997: "Information on how to obtain one's credit score is suspiciously absent from your site. How do I get mine?"

"And we're not running a game show. I mean, we're evaluating risk. We're not trying to have people get--achieve the highest score."

"Fisher is a fan of going by the book and then beyond it."

"He beat the scoring proponents to the punch by scooping up the web address http://www.creditscoring.com, from which he launches often strident, sometimes wacky, but usually well-documented attacks on the credit-scoring concept and the industries that support it."

Realty Consumers Empowered By Online "Peoples" Court - "His Web site CreditScoring.com helped him-- and millions of other consumers-- extend fair credit reporting rights to credit scoring information."

"Fisher operates the www.creditscoring.com Web site, which skewers the secrecy of the credit bureaus and Fair, Isaac." - The Detroit News

"CreditScoring.com is an exceptionally-interesting site that offers news and information regarding credit scoring and-- really-- the entire credit process."

"'Garbage in, garbage out,' says Greg Fisher of Dayton, Ohio, who runs two Web sites on the subject, creditscoring.com and creditaccuracy.com."