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

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.
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