The FICO score model is the mostly widely used scoring model. As per Fico, as much as 90% of lending decisions that are done using a scoring model,...
The 5 Most Important Factors In A FICO Score
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The Best Websites to Monitor Your Credit Report For Free
In today’s day and age, we hear daily in the news of new hacks and new identity theft stories. By now everyone knows how important it is to properly...
Why Are My Credit Scores Different?
When people check their credit score, should it be by Credit Karma or on their Discover statement, etc., they look at the three-digit number. They...
Credit Scores And Mortgages: Here Is What You Need To Know
Shopping for a mortgage but got bad credit? You are not alone! I invited a great mortgage expert Chaim Tarkieltaub from Mint Capital to explain the...
Intoducing FICO® Resilience Index
What is FICO® Resilience Index? Fico now has another tool to calculate how consumers use credit. The FICO® Resilience Index was created specifically...
Getting Approved For A First Credit Card
Credit is not something you are automatically born with. It is something you need to learn how to build on your own. The best way to build your...
Credit Utilization
One of the biggest factors that credit models look at when calculating a credit score is credit utilization. Credit utilization means how much of...
Piggybacking Credit- Everything You Need to Know
What Is Piggybacking Credit? Piggybacking credit is having a third party, a creditworthy individual, add you to their credit card as an authorized...
The New Fico Scoring Model: Fico 10/FICO 10T– What’s Changing?
Fair Issac and Co., the company that created the Fico score, announced in a recent press release that they will make available their newest scoring...
