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It's September and we've seen nothing . . .
Well, it's now September and according to the data I've examined nothing has changed with respect to FICO 08'. This could be because no lenders or credit report vendors such as Kroll or First American Credco are using this model. It's hard to tell if anyone ever actually will insofar as there are a voluminous amount of FICO models on the landscape.
In any event, I've seen nothing to date and that includes Experian numbers. Perhaps, it was all a scare tactic. Perhaps, someone read the ECOA.
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