The 411 on FICO’s Credit Score Changes
Most people understand the importance of establishing and maintaining a good credit score. For student loan borrowers, this means treating that debt responsibly – for example, paying on time, every time. But that’s old news.
The new news is that FICO is making changes to the way it calculates credit scores. Because FICO’s credit scoring metric is by far the most widely used in consumer lending decisions, it’s worth exploring what this might mean for you.
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