1 serious benefit of the FICO scoring system

It hit me the other day, the youth of the world are more responsible with their credit. I first noticed it in surprise when our grandaughter Kira was getting married and just had to have a home. She and Kelly came to my office for a loan approval.
I was shocked how high their credit scores were. I was impressed. I was reminded of that as I saw it recently with another young couple.
My mind went back to the pre credit scoring days, when I had to watch one young couple after another deal with not being able to buy now, they had credit to fix. It was a common embarrasment, watching one discover the affect of crummy credit of their new spouse or spouse to be.
FICO scoring has been a measuring stick easy to discuss. I think it has made young people more aware and more responsible.
YES!
