There is one more inconvenient details regarding rating mapping fantasy

• Variations in minimal rating conditions. While the articulated within the an earlier Information Team admission, customers having very sparse borrowing agency records (e.grams. the brand new millions of borrowing from the bank data and no condition previously cuatro decades) do not discovered good FICO get, with the intention that ratings are merely produced whenever a beneficial sturdy and you will precise research of your consumers’s creditworthiness shall be offered. Definitely, there clearly was no mapping for those customers who don’t has actually Credit scores.
• Differences in the brand new analytical process regularly make new design. FICO uses a robust scorecard technology which was subtle and you will increased for over twenty five years to create hundreds of credit risk activities around the globe. […]