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Reply #113: The FICO is nothing more than an I love debt score..... [View All]

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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-27-09 05:16 PM
Response to Reply #49
113. The FICO is nothing more than an I love debt score.....
and truly not an accurate measurement. I like the fiscal responsibility that Commentator Dave Ramsey preaches (get out of debt, stay out of debt, pay cash). Well this guy is a millionaire several times over. For grins onetime-they ran his FICO score. They ended up telling him that he had a FICO score of ZERO! Like he didn't exist. Guy is a millionaire with a FICO of zero. Frankly-I may not be a knowledgeable loan officer but I would loan this man with a zero FICO before I would give some one with a FICO of 780 or more.
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