Date of the first version of a credit score
With the byline ''By PYMNTS,'' somebody states a year of a seminal event
| By Greg Fisher
A page states, "If you have any questions about this privacy statement, the practices of this site, or your experience with this site, you can contact: [email address]." #n86351005
TO: By PYMNTS
FROM: Greg Fisher, greg@truthandfalsity.com
DATE: Tuesday, May 29, 2018, 5:54 PM
SUBJECT: credit score, date, 1956
Dear "By PYMNTS":
You wrote
In the early 1950s, an engineer named William Fair encountered a mathematician Earl Isaac who together decided to work out an automated credit scoring system for banks. In 1954, they came-up with the first version of the Fair Isaac credit score — or the FICO.
It was a huge flop.
By PYMNTS. (2018, May 29). Can Alternative Data Move The Dial For Financial Inclusion? Retrieved May 29, 2018, from https://www.pymnts.com/news/alternative-financial-services/2018/alternative-data-financial-inclusion/
Nerdwallet gets the link. #GetsTheLink
Who is your source regarding the year 1954?
Please reply today.
--
Greg Fisher
Truth and Falsity
truthandfalsity.com
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio 45409-0342
mobile/text 937-681-3224
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