The New Math of Credit Scores (FICO 08)

[Brendon]

Anybody know how this will affect those with a bk? Will the new FICO 08 scoring system make a difference? Follow this link...

http://finance.yahoo.com/banking-budgeting/article/104062/Default-Lines-The-New-Math-of-Credit-Scores

[CindyLou]

great article! Thanks.

[rrockinggramma]

I think that the further away from the BK and the good payment history after will have lessen impact in time as it does now. Now your scoring bucket is limited by your BK. Will probably be the same after 08 rolls out as well.