Comments on: Bankruptcy Risk Score – The Credit Score You Don’t Know About

By: Mike

Mike — Mon, 16 Feb 2009 23:12:31 +0000

This article is absolutely wrong with regard to scoring. This is from Experians website:
Bankruptcy Watch adds confidence
to your credit decisions. It ranks
your accounts across the spectrum of
creditworthiness, clearly illuminating
the risk level associated with each
account. The model generates one
score per report, between 1 and 999.
The higher the score, the less likely
the consumer is to file for
bankruptcy or exhibit serious
delinquent or derogatory behavior.
You set a cut-off score based on your
portfolio objectives.

By: pfadvice

pfadvice — Mon, 02 Oct 2006 04:51:00 +0000

You can see some answers to your question in our discussion area

By: garrett1

garrett1 — Sun, 01 Oct 2006 02:30:25 +0000

Hello and in-advance thank you for all your comments.

I filed a BK 18 months ago. My fico scores are 618, 572 and 632. I was able to keep my home but I had to list my mortgage company in the BK forms, they were listed in section titled “Schedule F”. When I pulled up all three credit reports I saw that the Mortgage company listed me as closed and Past Due $0.00. I have never been late with this mortgage company and alway paid extra every month. Why are they reporting me as BK, and showing no payment history when I never placed them on the list for releaf in my BK. Could I ask for them to reaffirm our agreement and get them to remove the Neg results?

In-advance, Thanks garrett1

By: Carnival of the Capitalists 125 » The Small Business Buzz

Carnival of the Capitalists 125 » The Small Business Buzz — Mon, 27 Feb 2006 15:50:13 +0000

[...] Personal Finance and Taxes • Tax-shelters and the Pretensions Attached to Them • Irrational Exuberance: The Next Great Bubble Burst • The Impact of New Bankruptcy Laws • Bankruptcy Risk Score – The Credit Score You Don’t Know About [...]

By: BusinessWorks Inc - A Dotcom in making (Forbes Best of Web site)

BusinessWorks Inc - A Dotcom in making (Forbes Best of Web site) — Mon, 27 Feb 2006 01:33:18 +0000

[...] A little known Bankruptcy Risk Score is used by creditors to determine whether you get a loan and at what rate. Jeffrey Strain of Personal Finance Advice, advises to keep your eyes open for this score. [...]

By: Gary Bourgeault

Gary Bourgeault — Wed, 22 Feb 2006 07:30:16 +0000

Pretty interesting Jeffrey. It does make me wonder if it will get picked up by others and get a little momentum going to put some pressure on them to tell us a little about what it is they’re doing. I wrote about it tonight when I caught it on your blog.

By: Cap

Cap — Wed, 22 Feb 2006 03:45:32 +0000

huhh.. never heard of this before.

interesting! gonna see if I can dig up more info.