New Credit Score System Finds Many Borrowers Less Risky

Wells Fargo loan negotiators help homeowners with terms of mortgage restructuring at the Neighborhood Assistance Corporation of America. Photograph by Patrick Fallon/Bloomberg

We always knew that most people have decent credit. It turns out, about 44 percent of the U.S. population has crazy good credit. That’s according to a new way to model credit risk from Fair Isaac Corp. and the data firm CoreLogic.

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