FICO Plans To Release New Credit Score System Beginning 2019

KCBS Radio: On-Demand
Monday, October 22nd
The creator of the widely used FICO Credit score plans to roll out a new scoring system next year that factors in how consumers manage the cash in their checking, savings and money-market accounts, and not just their loan payments.

Credit expert and author of The Road to 850, Al Bingham shares his perspective on this issue.