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Article: What Can Consumers Do to Raise Their Credit Scores?
- Article from:
- Real Estate Weekly News
- Article date:
- November 13, 2009
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Fair Isaac Corporation -- the company who determines your credit score and sells it to banks -- recently released a new credit scoring model called FICO[R] 08. Many American consumers are wondering how the changes will affect them, how soon those changes will take place, and how to raise their new credit scores. A Denver based credit advisory firm, BoostMyScore.NET, has been working diligently to answer the questions not being revealed by the score's makers.
Firstly, while this new scoring model was released a few months ago, it won't likely affect any of us for several years. It will take time for it to permeate the entire financial industry in America. Every ...