The Wall Street Journal reports that Fair Issac will change the way their credit scores are calculated. The new system will be more forgiving on an occasional late payment but will be harder on repeat offenders. The FICO score developed by Fair Issac is used overwhelmingly my most real estate lenders.
2008 will bring change to FICO score calculations
December 23rd, 2007 · No Comments
Tags: Credit Information · Sub-Prime Mortgage Issue · Real Estate Finance
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment