Credit Scores: How 720 Became The New 680!

Once upon a time a credit score of 680 meant that you paid your bills on time and had solid credit. Not anymore, 680 is a second-tier credit score and consumers now need a 720 score to get the best rates. What happened? Gail Cunningham, VP at the National Foundation for Credit Counseling will explain the shift and what it means to otherwise creditworthy homebuyers.Janis Bowdler, Deputy Director of the Wealth-Building Policy Project at the National Council of La Raza will also join the conversation and talk about the impact of these shifts on Latino homebuyers.