Realtors group lobbies against credit-score hits once equity-line limits are cut

By Kenneth R. Harney

Washington Post

One of the more perverse consequences of tighter credit markets is the negative impact on FICO scores of borrowers with good credit histories. Ken Harney reports on a quirk in the credit score formula that allows drops in a borrower’s credit limit, caused by general economic conditions, to lower their FICO score. Read More . . .

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