Credit report changes coming September 2007 may create ups and downs

July 27, 2007

According to the Wisconsin Mortgage Broker Associate newsletter, Fair Issac Corp will change their FICO cedit scoring process this fall. This is being done to provide lenders more dependable scores by increasing the "population segments" used to determine credit ratings. The WMBA states the change is expected to hit young adults and married women the most.

For the orginal article that goes into some of the gory details, click here.

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