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FICO's new index helps lenders measure your pandemic creditworthiness

The Week in Philly from KYW Newsradio
The Week in Philly from KYW Newsradio
Episode • Jul 20, 2020 • 28m
A lot of people have taken a big hit to their personal finances -- and getting credit right now has become more difficult. So FICO made a new tool lenders can use to help determine who is credit worthy during difficult times, like right now in the middle of the coronavirus pandemic. Beverly Harzog, credit card expert and consumer finance analyst for US News and World Report joins KYW In Depth to explain what the FICO Resilience Index is and what it means for people who are trying to get credit. See omnystudio.com/policies/listener for privacy information.

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