There's a change coming that could affect your credit score

Name: There's a change coming that could affect your credit score
Uploaded: 2020-02-16T11:30:00+00:00
Duration: 4 min 44 s
Description: FICO, developer of one of the most widely used scores by lenders, announced an update to its scoring algorithm, which will change how consumers' debt levels are weighed. This may lower people's scores and make it harder for some people to get loans.

FICO, developer of one of the most widely used scores by lenders, announced an update to its scoring algorithm, which will change how consumers' debt levels are weighed. This may lower people's scores and make it harder for some people to get loans.

Posted February 16, 2020 10:30am EST