Articles Tagged ‘FICO’

Your FICO Score
Wednesday, March 10th, 2010
Credit scores affect whether you can get credit and what you pay for credit cards, auto loans, mortgages and other kinds of credit. For most kinds of credit scores, higher scores mean you are more likely to be approved and pay a lower interest rate on new credit. Here is some advice about the impact on your FICO score of late payments or over-extending yourself. We all know that making late payments and maxing out our credit lines hurt credit scores, but how much? Recently the folks at FICO, whose scores are used by virtually all lenders, have revealed the...

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