HI, this is Stephanie again, I was sharing with you in the last blog post that you can rebound from stresses especially when you have gone from a fico score of 800 to 550. Then with my new atitude as well as the new FICO rules it has bounced back up to 788! My cousin, Daphanie was diagnosed wtih a crippling illness. She was not able to recover as fast from a major setback and became very mad and depressed. Scientist have recently begun to identify an anxiety gene that raises the risk of depression, only in the midst of a very difficult life circumstance like loss of a loved one, you credit score plummeting. This anxiety gene speculated by scientist relates to serotonin signaling to the rest of the body to have mood swings. Scientist have figured out that folks with ADHD or attention deficit hyperactivity disorder and people with antisocial behavior have this anxiety gene that stops them from bouncing back to life and stays in a state of depression longer than most people.

Before the Subprime Meltdown 2006

If you are labeled by FICO as a responsible credit user, you could see your fico score go up 25 points with the new formula. In this credit chaos time when it seems like more and more people possess this anxiety gene that I talked about above, every single fico point helps to add to your overall score. According to President of educational services of Credit.com, John Ulzheimer said people who have a fico score ranging between

680 to 690

Could see their Fico score bumped up to good and end up qualifying for a better interest rate. Before the new FICO formula, a score between 680 - 690 would only be considered fair.

How long will it take Experian and Transunion to implement this new formula

I don't have a crystal ball telling you when they will start to adopt this same formula as FICO. It could take months, it could take years. Your guess is as good as mine.

Everyone Should Have a Purple Haired Lady

Especially if you think you have this anxiety gene in your DNA. a purple haired lady is a support women who thinks you are fabulous and terrific even when youn don't feel fabulous. This women will instill in you that anything is possible if you believe in yourself. THe one women who is a ray of sunshine in your life and show you that life is wondrous adventure even in the darkest night of the soul. If you have not found a purple hair lady and don't have money to find one, here is one you can tap into right away at youtube. Click this purple hair lady to be your cheerleader

There has already been over 200 000 people who is thinking of her as their purple lady.

hOW Will The New Consumer FICO Rules Benefit You?

• If You Have The Occassional Slip Up Within a 10 year period
• When shopping around for a loan
• Having a healthy mix of different credit will help

Lets talk about this 1 at a time. I don't know how this will effect most people, the scenerio would be, if you have a 10 year record where you credit history is unmarred by late payments. So, if you happen to have a late 90 day payment but you have a clean credit history, you in fact may get a boost in your score a 1 time boost. Isn't that great it means you won't have to take a debt relief pill. Please come back in a few days while I go to my Bowen appointment now to calm my nerves. You will hear the rest of the 2 other items above I mentioned how the new FICO scores will benefit you.