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Old 11-29-09, 06:57 PM
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Erica Johnson Erica Johnson is offline
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Default Divulging the actual credit score penalties.

http://finance.yahoo.com/banking-bud...-creditreports

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Borrowers already knew that late payments hurt their credit scores, but for the first time, they now know the extent of that damage.
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The "damage points" data, unveiled recently by FICO, are part of the most revealing glimpse into the firm's once-secret -- and still mysterious -- credit scoring model.
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