FICO announced Thursday its latest version of the FICO score, a three-digit number that assesses a person's credit risk. The new scoring model will take consumers' debt levels into account and will more closely track personal loans. Previous scoring models took snapshots of a person's payment history.
FICO estimates that an additional 110 million consumers will see only a modest change to score, if at all, he said. "The bad news is that those who were already struggling with debt will be hit more drastically by the recent FICO changes," said Sefa Mawuli, a wealth adviser at Citrine Capital.More from Success Delta gave its employees 2 months of extra pay.
A lot of the same financial habits we've been preaching for years doesn't change though.. Pay your bills on time and pay down your debt.
Es cuestión de los entes crediticios facilitarle a sus clientes la forma cómo adquieren o venden sus productos, lo que interesa es que al final del día honren sus compromisos.
FICO already has multiple versions of their score and different companies use different versions. Banks typically don't look at the score itself, but the history behind the score. So while the number may change, your credit history didn't, so your approval rates probably won't
It's okay for old man to drain his credit score on insufficient credit cards he barely pays back up on, he retires next year for me to care anymore CNN😆💯💳
Yay more manipulation by the banks and lenders.
For Trump, his FICO score will probably be negative.
Here's an idea: let's get rid of credit scores.
😂😂😂😂😂😂😂😂😂😂😂😂😂
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