The Credit Scoring Site A bleak account 

<< Previous | Next >>

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


Follow the activity of Item #1805C using that hashtag.




<< Previous | Next >>