Monday, January 19, 2009

New FICO Credit Scoring System Could Help Or Hurt You

Fair Isaac has announced a 2009 makeover to the credit scoring system that most companies use to determine your credit worthiness. The company says as many as half of all borrowers will see their scores go up or down by about 20 points as a result. One bit of good news is that an occasional missed payment will not carry the detrimental weight it once did. Read more...

0 comments: