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Tag Archives: Fair Isaac Corporation
New FICO 08 Credit Score Changes
John Dow asked: There is a new FICO credit scoring system called FICO-08 that was designed to better serve the credit industry. The two major changes are about small inconsequential infractions and people who piggyback onto others good credit history. … Continue reading
Posted in Finance
Tagged Credit Equifax, Credit Scoring System, Delinquencies, Exact Methods, Experian, Fair Isaac Corporation, Fico Credit Scores, Fico Credit Scoring, Fico Credit Scoring System, Lapse Of Memory, Lending Institutions, Major Credit Bureaus, Score Changes, Three Major Credit Bureaus
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700 Credit Score – Should I Raise It?
Josh Ramos asked: Although there are no universal guidelines as to what represents a very good credit score, a quick search of the Internet revealed that quite a few creditors consider a 700 credit score as “very good” to “excellent.” … Continue reading
Posted in Finance
Tagged 700 credit score should i raise it, Consumers, Credit Decisions, Credit Offerings, Credit Reports, credit score, Creditworthiness, Fair Isaac Corporation, Fico Scores, Home Mortgage, Instant Credit, Interest Rate, Thousands Of Dollars, Three Main Credit Bureaus, Universal Guidelines
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Credit Score Facts
Michael Colucci asked: In the US, a credit score is a rating system that is used to measure the credit level of an individual. The score that a person has will be used to determine their credit worthiness. The credit … Continue reading