Credit Boost: FICO Plans Big Shift in Credit-Score Calculations

October 23, 2018
Updated 4mo ago
The way your credit scores are calculated is about to change. The creators of the widely used FICO credit score plan to roll out a new scoring system early next year, that goes beyond assessing a borrowers' payment histories. Beverly Harzog, Consumer Finance Analyst and Credit Card Expert at U.S. News & World Report, joined Cheddar to discuss.