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FICO Resilience Index: What is it?

FICO Resilience Index: What is it?

FICO has created a new type of credit scoring tool to help lenders better evaluate credit risk in today’s shaky economy: the FICO Resilience Index. What you need to know!

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Finanical Wellness

Seven Reasons Your FICO Score Changes from Month-to-Month

Seven Reasons Your FICO Score Changes from Month-to-Month

1. Aging of Negative Items in Your Credit Report Events such as bankruptcy, foreclosure, or late payments are examples of negative items that affect your credit score. These events remain on a credit file for several years. A late payment, for example, remains on a...

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