Personal Finance Advice and Commentary

Tuesday, July 27, 2010 3:20 pm
By Leslie McFadden · Bankrate.com

FICO announced today that more than 2,700 lenders are using its latest and greatest consumer credit scoring model known as the “FICO 8 Score.” According to FICO’s own research, its newest credit score improves credit risk prediction by as much as 15 percent over earlier generations.┬áThe score debuted in 2009, but the process of testing