New FICO 08 Updates

In recent weeks, news about FICO has been everywhere! The lawsuit filed by FICO against Experian, TransUnion, and VantageScore Solutions has been partially dismissed, but will likely continue later on this year. In addition, FICO announced that FICO 08, its most recent credit score will be available in all three of the credit reporting agencies in August 2009! This means that Experian has agreed to finally install and provide credit scores (several months after Equifax and TransUnion have.) How is FICO 08 different than the old FICO? Consumers who have a large amount of credit card debt or...

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