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How Changes to FICO Scoring Could Impact Buyers

How Changes to FICO Scoring Could Impact Buyers

The way FICO scores are calculated is changing this summer, and the move could make it tougher for some Americans to get approved for a mortgage, The Wall Street Journal reports. Fair Isaac Corporation, more commonly known as FICO, will soon start more harshly penalizing the scores of consumers who have rising debt levels or who fall [...]