At Asset Recovery Associates, a team of specially trained professionals strives to recover debts purchased from initial creditors. Asset Recovery Associates works to educate debtors about their responsibilities and the ways in which timely payments can benefit their financial situations.

1. Asset Recovery Associates
Changes in the FICO 9 Credit
Score Model

2. Introduction
 At Asset Recovery Associates, a team of specially
trained professionals strives to recover debts
purchased from initial creditors. Asset Recovery
Associates works to educate debtors about their
responsibilities and the ways in which timely
payments can benefit their financial situations.
In 2014, the FICO company announced a new credit
score model that incorporates two significant
changes. The first involves third-party debts that go
into collections, which under the FICO 8 system were
weighted similarly whether paid or unpaid. Under the
FICO 9 system, however, a debt in collections does
not have a detrimental effect on one's credit score if it

3. FICO 9 Credit Score Model
 The FICO 9 system also weighs medical bills in a
different manner than other debts. This change
occurred largely due to the widespread
prevalence of medical debt, which as of 2013
affected up to 20 percent of adults in the United
States. Since then, such debts have had a less
detrimental effect on millions of individuals
nationwide.
Under the FICO 9 model, individuals whose
outstanding debts are solely medical can see
those debts have a less severe impact on credit
scores. Score increases are also likely for those
who quickly and fully pay off bills in collection,
regardless of the type of debt.