Saturday 29 February 2020
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cbsnews.com - 1 month ago

FICO credit score system updates to affect millions of Americans

The company that turns your credit history into what’s known as a FICO score is updating how that number is calculated. These scores are used to determine whether you can receive a new credit card, or get a home or auto loan. Jill Schlesinger joins CBS This Morning to discuss a new report that shows the average U.S. FICO score hit an all-time high of 703 last year.


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