Skip to content
BOL Conferences
Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums FCRA RBPN - what is 40/60?
Thread Options
#1445063 - 09/17/10 08:49 PM RBPN - what is 40/60?
Burgess Offline
Diamond Poster
Joined: Jan 2004
Posts: 1,621
in this forum i have seen the exception method referred to as the proxy 40/60 method. What does 40/60 refer to?
_________________________
My views, not my employer's views.

Return to Top
#1445129 - 09/17/10 10:16 PM Re: RBPN - what is 40/60? Burgess
GuitarDude Offline
Power Poster
GuitarDude
Joined: Nov 2004
Posts: 5,925
So Cal
Click me.

It has to do with setting the material terms of credit based in whole or in part on credit score. This is one way to determine the cutoff score.
_________________________
I've just writed a wrong.

Return to Top

Moderator:  Jack Holzknecht, Mary Beth Guard