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Today i got an email from my car company that Fico was using a new scoring model that is actually going to benefit more poeples credit scores by as much as 100 pts. Anyone else hear this?
@Florida1990 wrote:Today i got an email from my car company that Fico was using a new scoring model that is actually going to benefit more peoples credit scores by as much as 100 pts. Anyone else hear this?
Yes, on some credit models those with negatives on a CR that has to do with unpaid or late medical bills, said negatives wont be counted nearly as bad or at all. Seeing how they say 50% of all BKs (I've heard)are contributed to medical bills, this might help those who were unfortunate to get penalized for such negatives on their CR.