Credit scores are sometimes carried like a badge of honor or a crux that causes financial roadblocks.

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Now, the company that came up with FICO credit scores (Fair Isaac Corp.) is changing the formula for how those FICO scores are calculated, according to WGRZ.

FICO’s vice president of product management and scores says most people will see a small change in their score (20 points more or less) but some could see a sharp decrease or increase, depending on the type of debt they carry and how it's managed.

For example, if you've been consolidating debt by taking out loans, while still running up debt on the same credit cards, you're going to get dinged. Your FICO score could also be impacted by your recent credit and debt use.

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FICO scores can be a pain, especially since they're important when it comes to making large financial commitments such as houses, apartments and cars.

The bottom line is that you need to keep an eye on your credit scores - and if you don't know what yours is, now would be the time to find out.

Read the full story at WGRZ.