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The UltraFICO Score Is Heading Your Way in 2019

What’s your credit score? Borrowers with the best credit scores get access to the best deals at the lowest prices.

But if your credit score isn’t so attractive, FICO has a new credit scoring system that can work in your favor. Meet the UltraFICO Score! This new score has the potential to broaden lending eligibility by giving consumers the chance to include their bank activity into the credit grade. So if you have an average balance of at least $400 and haven’t overdrawn in the prior three months, you would likely see a boost in your credit.

Read more to learn how “The New FICO Credit Scoring Will Help Your Credit“.

Published by blackenterprise.com

 

About Charlene Rhinehart, CPA

Charlene Rhinehart is a Certified Public Accountant, Founder of Wealthy Women Daily, and Editor-in-Chief of the Dividend InvestHer and The Wealthy Woman Investor. Charlene is currently the Chair of the Illinois CPA Society Taxation Individual Committee. With over a decade of experience in the financial services industry, Charlene is one of the few leaders who design insights specifically for the woman investor. Charlene’s work has been featured in a variety of publications including the Huffington Post, Black Enterprise, and the American Institute of Certified Public Accountants. In 2019, Charlene released her book “Dividends Are a Queen’s Best Friend”, on Amazon.

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