 TITLE: What You Need to Know About the New FICO<sup>®<\/sup> 10 Scores CONTENT: What's Different About the New FICO® Scores?\n--------------------------------------------\nFair Isaac Corp., commonly known as FICO®, has built a new suite of scoring models that will be available from all three credit reporting agencies (Experian, TransUnion and Equifax) to lenders by the end of 2020. The new models will treat late payments and debt more severely, but will also now consider historical information about your credit card balances and payment amounts. Your FICO® Score will likely change as a result.\nThe FICO® Score 10 Suite, which includes the FICO® 10 Score and the FICO® 10 T Score, is the first redevelopment of the company's credit scores since 2014 when it released FICO® Score 9. And while new versions of credit scoring models tend to treat information similarly to prior versions, FICO® 10 includes several meaningful differences that are important for you to understand. END