For the last fifty years or so the Fair Isaac Corporation has been publishing some very useful financial information based on the credit reports of consumers. This is the original, so called FICO Score that lenders and stores use to determine if they will allow you to make purchases on credit. FICO Scores are very influential and are frequently used to determine […]
Tag Archive | "FICO scores"
If you’re thinking of buying a car or house, your FICO score is the ultimate three-digit number determining your approval. The interest rate that you have to pay also depends on it. Unlike a crash diet to help lose weight fast, there is no quick fix to improve your FICO score, and the best advice […]
The mortgage questions we are asked are often based upon mortgage terminology. Some terminology is difficult to understand. We will start with some that relate to simple terms that are often misunderstood, and then progress to those that can really be confusing. Mortgage Questions: What is Preapproval? When you are looking for a new home, […]