You are using an older browser version. Please use a supported version for the best MSN experience.

FICO to change how it calculates credit scores

There will soon be a new way to calculate your credit score. The company behind FICO, the country's most widely used credit score, is launching the Ultra FICO Score early next year. It looks at cash accounts and banking behavior to determine if you are able to pay back a loan or credit card balance. CBS News business analyst Jill Schlesinger joins "CBS This Morning" with what it could mean for your money.



Recent Videos

Featured Partners

image beaconimage beaconimage beacon