Millions Of Credit Scores Are About To Increase

Millions of people with low credit scores may be seeing an increase really soon. Some serious tax liens and civil judgments will soon disappear from millions of credit reports. According to the Consumer Data Industry Association, tax liens and civil judgments will soon disappear from a lot of people’s credit reports. As a result, FICO scores will improve dramatically.

The three major credit bureaus — Equifax, Experian, and TransUnion — have agreed to remove any tax lien and civil judgment data that doesn’t include all of a consumer’s information. That information can include a person’s full name, address, Social Security number, or date of birth. Changes will begin July 1.

Some people could see a point increase of 20 points or more.

By clicking submit, I authorize Wallet Monkeys and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here.