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Reactions from Fintech Leaders to Recent FICO Change

Reactions from Fintech Leaders to Recent FICO Change

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FintechNews RoundupUSA
··1 min read

Earlier this month FICO announced changes to how they will be calculating credit scores when they release their new scoring model later this year; consumers who take out a personal loan for debt consolidation will be treated differently than they are today; currently borrowers taking out a debt consolidation loan and then paying off their credit card could see a quick bump in their score; that will not be case when the new scoring model is released; Fortune sought the opinions of Dana Marineau of Credit Karma; Paul Gu, co-founder of Upstart, Jason Brown of Tally, Anu Shultes of LendUp, Brian Walsh of  SoFi as well as FICO. Fortune

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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