FICO has decided to finally do some updates on their old model. FICO score 10 and 10T, as the company calls them, will have huge impacts on the individuals and their abilities to apply for loans. In short, if your score is high, you will see a good improvement in your score, but if you’re struggling with your score, you will likely see a significant drop in your score. To know more, you can visit: wall street journal.