Here’s Why Your FICO Credit Score Could Be Going Up Soon

All three major U.S. personal credit monitoring firms are going to remove tax liens and civil judgments from credit reports.

Equifax, Experian, and TransUnion are set to introduce the changes around July, but there is a catch, according to the Wall Street Journal.

Tax liens and judgments will only be erased if they don't contain all of the following information: a name, an address, and either a date of birth or a social security number. Nonetheless, many liens and judgments don't contain all three pieces of required data, reports the Journal—so this change to how FICO scores are compiled could mean that many people will be regarded as more creditworthy based on their credit reports.

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