Jul
23
2009
FICO Scores Affected By Credit Card Changes
Posted by: in Mortgage Loans News, tags: Card Changes, Cardholders, Credit Card Holders, Excerpt, Fico Score, Fico Scores, News SourcesNews Sources wrote an interesting post today on
Here’s a quick excerpt
During the credit card craze in the last few months, many credit card holders found themselves with lower credit limits for seemingly no reason at all. While many mourned the loss of their lines of credit, many more were angry and unsure about what the changes meant for them. It turns out those changes had a bigger impact than originally thought. FICO Trouble One of the major impact cardholders are now learning about is the difficulties calculating a consumer’s FICO score. The FICO score i
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