Intelligence

Credit Reports to Exclude Certain Negative Information, Boosting FICO Scores

Many tax liens and civil judgments soon will be removed from people’s credit reports, the latest in a series of moves to omit negative information from these financial scorecards. The development could help boost credit scores for millions of consumers, but could pose risks for lenders.

Source: Wall Street Journal

Read more: http://news.morningstar.com/all/dow-jones/us-markets/20170312544/credit-reports-to-exclude-certain-negative-information-boosting-fico-scores.aspx

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