New FICO 08 Credit Score Formula May do More Harm than Good

New FICO 08 Credit Score Formula May do More Harm than Good Select consumers may see slight increases in their credit scores, but more consumers may be hurt Salt Lake City, UT (PRWEB) October 13, 2009 -- New changes to the FICO® credit scoring model, dubbed FICO® 08, were recently made available to all three major credit bureaus (Experian, Equifax and TransUnion). While some are touting these changes as a win for consumers, Lexington Law®, a consumer advocacy law firm, cautions that FICO® 08 may instead cause millions of cred
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