Thursday , 28 January 2021

FICO

Why Credit Scores Are Rising in Face of National Crisis

The average FICO credit score hit a record high of 711 this past July. This uptick to the score may come as a shock, especially since it has taken place several months “knee deep” amid a global pandemic, FICO representatives told CNBC Make It. Even as tens of millions of American workers are currently unemployed … The post Why Credit …

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Better Predicting Mortgage Default

Credit scores alone are not enough to determine the likelihood of mortgage default. Here’s how multiple factors complicate default risk, and which metrics can serve as the best early warning signs. The post Better Predicting Mortgage Default appeared first on DSNews.

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