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Fair Isaac Corp.

says the latest update to its widely used credit scoring system will likely widen the gap between the number of borrowers with sterling credit and those with spotty records.

Though FICO says the changes will be modest for most consumers, it could mean added pressure on subprime borrowers while customers with FICO scores above 680 will likely see a boost in scores.



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Revamped FICO Scores Will Put More Pressure On Subprime Borrowers

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