A change in the way some public records are included in consumer credit files is likely to increase scores without any meaningful change in consumer behavior.

The National Consumer Assistance Plan takes effect on July 1. The plan requires Equifax, Experian and TransUnion to reduce the amount of tax lien data they report.

In addition, 96 percent of civil judgment public record data will no longer be included in the consumer credit file reports from the trio of credit reporting agencies.


Source: Mortgage Daily