Lenders look at your credit report every time you apply for credit, but many people don’t know what their credit score is or how the score is calculated. Hopefully, if you are a regular reader, you are on the up and up! But here is the low-down on how it works behind-the-scenes before we give [...]
Posts Tagged ‘FICO’
How to Understand Credit Reports and Credit Scores
July 24, 2008FICO ’08 Changes the Face of Credit
January 2, 2008Your FICO credit score just got a facelift. FICO ’08 is the new and supposedly improved version of your credit score that creditors and lenders will use to determine whether they’ll extend credit to you, how much, and the rates, terms and conditions.
