New Credit Scores Are Coming
Episode Ep 280 4 min 55s

New Credit Scores Are Coming

Fair Isaac Corporation, the creator of the FICO score will introduce the Ultra-FICO score early in 2019. It's designed to make it possible for millions of borrowers who marginally don't qualify for loans today to have access to credit. The idea is that it will make more credit available without increasing risk to lenders. Is this a good idea? Listen and find out.

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