Six ways your credit score changed this week

The credit firm of Fair Isaac debuted new creditworthiness criteria Thursday. It is called FICO ’08 as it was set to start last year. The new system will change your important FICO score.

The Consumerist website made a list of six ways it will affect your credit score.

1. Spouses and children can improve their credit score by being an authorized user on a credit card account, but that’s it. No more piggybacking off strangers.
2. Debts less than $100 that go to collections will matter less.
3. They will look at the total picture more. A single repossession, for instance, won’t matter as much if everything else looks good.
4. Having less available credit will drag down your score more.
5. Diversity matters more. A mix of healthy auto, personal and student loans would bring up a score.
6. Closing accounts will bring down the score.