Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Reactions from Fintech Leaders to Recent FICO Change
ShareTweet
Home
Fintech
Reactions from Fintech Leaders to Recent FICO Change

Reactions from Fintech Leaders to Recent FICO Change

Emily Donato·
FintechNews RoundupUSA
·Jan. 30, 2020·1 min read

Earlier this month FICO announced changes to how they will be calculating credit scores when they release their new scoring model later this year; consumers who take out a personal loan for debt consolidation will be treated differently than they are today; currently borrowers taking out a debt consolidation loan and then paying off their credit card could see a quick bump in their score; that will not be case when the new scoring model is released; Fortune sought the opinions of Dana Marineau of Credit Karma; Paul Gu, co-founder of Upstart, Jason Brown of Tally, Anu Shultes of LendUp, Brian Walsh of  SoFi as well as FICO. Fortune

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts

Tags
credit scoredebt consolidation loanFICO
Related
Julie Szudarek, CEO of Self Financial

Julie Szudarek, CEO of Self Financial on building credit

TransUnion building in Chicago

TransUnion reorganizes, rebrands product lines

Fast strategy moves lifted select fintechs, FICO GM says

Podcast 265: Sally Taylor of FICO

Popular Posts

Today:

  • FN-US-payment ForecastThe U.S. Payments Modernization that Wasn’t Jul. 31, 2025
  • Nova Credit Nikki CrossNova Credit Sees BNPL Flashing Consumer Warning Signs Aug. 5, 2025
  • Are We About to Make a Quantum Leap in Small Business Lending(1)Are We About to Make a Quantum Leap in Small Business Lending? Sep. 30, 2025
  • FN3Buy Now, Sleigh Later: How AI is Driving Holiday eCommerce Nov. 20, 2025
  • 2026 Investor Predictions for AI and Data10 Investor Predictions for AI and Data in 2026 Dec. 17, 2025
  • Santiago SuarezInside Addi’s mission to build a fairer financial system in Colombia Feb. 19, 2026

This month:

  • Alloy President Laura SpiekermanAlloy President Laura Spiekerman on Agentic AI and Identity Risk Apr. 2, 2026
  • peter2The Flipping Point: Why Fintech Meetup 2026 Marked the End of AI Hype Apr. 6, 2026
  • FNCombining Households in the Era of Modern Money Management Apr. 23, 2026
  • FN1No Backspace in the Physical World – Building AI for 5,000-lb Machines Apr. 9, 2026
  • HumanX_recapHumanX: Between Prophecy and Procurement Apr. 9, 2026
  • HumanXOverheard At HumanX 2026 Apr. 16, 2026
  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • Darren Louie (1)OPINION: AI is about to get your credit card. Who signs off? Mar. 26, 2026
  • NumosFunded: Numos raises $4.25M to make AI accountable to finance teams Apr. 3, 2026
  • FNThursHoneycomb CEO on the 30-second fix that took hours Mar. 26, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results