Back in 2014, the Fair Isaac Corporation announced that they’d be rolling out a new credit scoring formula that determines how your score is calculated, and it’s finally been released to consumers (now that banks have instilled it).
The biggest change is how FICO 9 acts in regard to unpaid medical bills. Now, medical bills sent to collections agencies won’t make as much of a negative impact to your score as other bills sent to collections. Additionally, the new formula also disregards collections that have been paid off in full. The last change is in regards to rent: Now your rent can be factored into your credit score if your landlord reports it to a credit bureau.