Detailed text transcripts for TV channel - CNN - 20100717:17:13:00
Scores. and it's all done in a black box. >> yeah, a lot of people have made that criticism. and said that the credit scoring system is broken. but i think really the criticism is based on a lot of misunderstandings about how it works. first of all, some people have different credit scores because your credit scores are based on the underlying information that's contained in three different credit reports. then this are multiple forms of credit scores. the most popular one is the fico credit score. but there's also an experian plus score, a vantage score. so sometimes consumers get confuse bau...