FICO Score

Here we go AGAIN!

Maxine Waters (D-CA) has introduced a bill in the House called the Fair Credit Reporting Improvement Act of 2014. Ever since this potential bill has been leaked by the press I have had several people asking me for my opinion on it. If the bill were to be passed, here are a few of the …Keep reading

Big changes are coming…or are they?

Last week FICO announced some big changes that have been making headlines; I have included parts of the press release below so you can read about those changes.   August 7, 2014—FICO (NYSE:FICO), “a leading predictive analytics and decision management software company, announced today that the new FICO® Score 9 introduces a more nuanced way …Keep reading

If only I had a score

Over the years of discussing credit I have realized much of my conversations have dealt with explaining to people different ways they can improve their credit score.  While this is very important and a much needed conversation, especially since it is estimated that 70 million people have what is considered a subprime credit score, I …Keep reading