AR Logix Healthcare Revenue Cycle Blog

FICO Updates its Credit Scoring Model...Again

Posted by admin on Apr 21, 2015 12:13:27 PM

If the credit reporting industry has not implemented enough changes in 2015 so far, FICO has more updates coming.

What is FICO 9?

Posted by admin on Oct 16, 2014 7:00:36 AM

 A big change is coming for debt collections. FICO has announced that its newest scoring model, FICO 9, will disregard paid collection agency accounts and will place a lower weight on medical debt. Under the new score, those consumers with only medical debt on their records are expected to see an average score increase of about 25 points.

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