Subscribe and receive email notifications of new blog posts.
RSS Feed
With the rollout of FICO's updated scoring system slated for the near future, it's important for consumers to continue to practice good credit habits. The Better Business Bureau advises that FICO 9 will result in these three changes, which may impact your credit score.
1. Lack of credit history will be a non-factor. FICO 9's new algorithm assesses loan risk instead of history, eliminating challenges for young adults or those with little to no credit.
2. Medical debts will hold less weight. Incurring debt from a medical circumstance is often unavoidable. Once FICO 9 goes into effect, experts estimate that those with medical debt and an otherwise good credit history will see a 25-point increase in their score.
3. Collected debt will not be heavily evaluated. Debts paid to a collections agency...
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
We respect your concerns about privacy and value the relationship that we have with you.
Like many sites, we use cookies on our website to collect information to help improve your browsing experience. The cookies that we use allow our website to work and help us to understand what information is most useful to visitors.
For the best website browsing experience, please enable cookies. Go here for instructions on how to enable cookies on your browser.
