Figuring Your Credit Score

Fair Isaac Corporation, the inventor of the ‘FICO Score‘, is changing how it figures your credit score. The FICO score, which measures the credit risk of an individual borrower, is the most widely used credit scoring system in the word. The following are some hypothetical examples of the changes could affect scores (provided by the Wall Street Journal):

Posted at December 19, 2007 07:42 PM

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Fair Isaac Corporation, the inventor of the ‘FICO Score‘, is changing how it figures your credit score. The FICO score, which measures the credit risk of an individual borrower, is the most widely used credit scoring system in the word. The following are some hypothetical examples of the changes could affect scores (provided by the Wall Street Journal):