[fiter]

Some people dont value FICO scores and so theirs are likely to be lower. This would fall outside of the only two models that you proposed. It requires cultural difference which some people value highly.

If you cannot accept the FICO as non-racist, then I do not know if you could create a system that others would not find racist. I cannot think of a way that your system would not end up with some form of explicit race-based corrections. I think that concept is less palatable in America due to the focus on freedom/individuality. Each person should stand on their own, not colored by the groups that you could fit them in.

Just curious if you have an opinion: how do you propose correcting for the past?

Lastly, you can look up the determinants of a FICO score for yourself as you can use sources that you trust.