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Robert Nusgart: Common sense is needed in credit scoring (access required)

Posted: 6:55 pm Thu, June 23, 2011
By Robert Nusgart
Special to The Daily Record

One point. That’s all that it took on this borrower’s credit score to go from having an approved loan to having no loan at all. Twenty years ago if someone would have asked you what your FICO score was, you would have shaken your head. Credit scoring, as we now know, is what makes or breaks a ...

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