Bluesque wrote:
I recently saw a news article indicating that there would be a change to the formula including "older late payments hurting less" would go into effect this spring. Does anyone know when this will take place?
Latest word is (perhaps) in May, but that is not set in stone. No one here knows for sure.
It's been quite a topic of discussion around here. Search for the terms "FICO08" and "FICO 08" and you'll find lots of good threads.
