Skip to: Content
Skip to: Site Navigation
Skip to: Search
TUESDAY, NOVEMBER 24, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: FICO

FICO stories: 3 news summaries

Credit Scores Plunge as Consumers Twist in Wind

Average drops 6 points, likely to fall further

May 27, 09 1:55 PM CDT
(Newser) - Consumers are caught in the credit crunch, and their scores are starting to show it, USA Today reports. The average TransUnion credit score fell 6 points between the third quarter of 2008 and the first of 2009, and the group’s financial services director expects it to fall even... More »

MORE ABOUT:
credit card • credit score • consumers • FICO

Experian Cuts Access to
Credit Scores

Consumers are about to know 33% less about their credit rating

Feb 13, 09 7:37 AM CST
(Newser) - Knowing their credit rating will become one-third harder for consumers as of tomorrow, USA Today reports. Experian, one of the three major companies that calculates credit scores, has canceled its deal with the company that provides the info to consumers, meaning millions will lose access to Experian's version of the... More »

MORE ABOUT:
credit • credit score • credit rating • FICO • Experian

 New Credit Scores 
 in Play Today 

Fair Isaac Corp. hopes new scores will better predict consumer defaults

Jan 29, 09 7:42 AM CST
(Newser) - New credit scores intended to make identifying bad risks easier make their debut today, with TransUnion taking the lead in offering “FICO 08” metrics, reports the Wall Street Journal. The new formula is more forgiving of one-time lapses than its predecessors, but popularizing it may take years, according... More »

MORE ABOUT:
credit score • consumer credit • FICO • Equifax • TransUnion LLC • Experian

3 Stories


from our news partners