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Tag Archives: Score Changes
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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5 Steps to Improving Your Credit Score
Freddie Stewart asked: Whether or not lending or financial institution will give you a loan or credit depends on your credit score. Your credit score is based on how you pay off your previous and existing loans. It gives lender … Continue reading