Thursday, November 25, 2010

Apex Credit Services – Seasoned Tradelines

Despite what mis-information you may find on the web, authorized user designation have always increased credit scores and still do.  We at predicted that FICO 08’ would never be implemented and per the norm, we were right.  Fair Isaac itself has stated that authorized user designation will be scored per the following press release:

Press Release
Source: Fair Isaac Corporation
Fair Isaac Innovation Will Restore Authorized User Accounts to Calculation of FICO 08 Scores
Thursday July 31, 1:53 pm ET
In a prepared testimony, Tom Quinn, Vice President of Global Scoring Solutions for Fair Isaac Corporation states:
"After consulting with the Federal Reserve Board and the Federal Trade Commission earlier this year, Fair Isaac has decided to include consideration of authorized user tradelines present on the credit report in the FICO 08 model."

At , we knew that Fair Isaac could not implement a model which did not calculate authorized user for it would run afoul of the Equal Credit Opportunity Act.  For more on this topic, please visit our and click http://www.apexcreditservices.com/FairIsaac.cfm.

Accordingly, rest assured that authorized user seasoned tradelines do work and that we at are still the best provider of the same.  Please contact us for all your needs at or toll free at

 

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