No More FICO Scores!
In another example of history repeating itself, a new bill proposed by Congress would end the monopoly of FICO scores being used in determining the credit quality of a potential borrower!
It sounds like our political leaders would like to try and revisit some of the very issues that put the US economy where it is now.
Read the article ‘Forget FICO Scores? ‘Homeownership is an integral part of the American Dream’!’ here.
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Source: http://politicsandfinance.blogspot.com/2015/12/no-more-fico-scores.html
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