Credit Score Article Category

 

Credit Score Articles

Expert Author:
There is an emerging rival of the FICO score. The VantageScore is relatively new and will its use change the credit scoring industry? It is hard to tell, but you should know how each credit score scale works.
Expert Author:
It might often seem that your FICO score is a burden. You have to make conscience efforts to get and maintain a good FICO score. You also have to be a disciplined person to avoid credit traps and ruining your score. You might think what does a FICO score do for me? There are three different things FICO scores provide consumers that they might not even realize. Find out what they are.
Expert Author:
Your FICO score is based on your credit report and 10 per cent of the score is weighted on your applications for credit listed on it. In particular, your FICO score looks at how many accounts you have recently applied for, how many new accounts were opened, how much time has passed since opening a new account, and how long it has been since you have applied for credit.
Expert Author:
This is a question is being asked more than ever. Are you asking what is a good FICO score? The reason why so many people are asking what is a good FICO score is the use of the FICO score when applying for a mortgage. Lenders use your FICO as a way to determine risk. It helps determine the monthly payment and the interest the lender will give you on a loan. That is the reason why a good FICO score is so important. It could save you thousands.
Expert Author:
You can go to two... three... even four different lenders on the same day, only minutes apart, and each lender can see totally different scores for you. The most likely reason is that each lender may be using different versions of the FICO credit scoring software.
Expert Author:
Your FICO score is a three digit number ranging from 300 to 850. It is the method lenders use to determine if you will pay your bills. A good FICO score is usually categorized as 680 - 699, with 700 - 749 considered very good, and 750 - 850 excellent. The impact of a good FICO score is based on the interest rate you will get on a loan. Your goal is have the best FICO score you can because this will save you thousand in interest throughout your life.
Expert Author:
There is a lot of different ways to increase a credit score. Understanding how your credit score is generated will set you along the right path. There are five factors taken into account when calculating your credit score. The first and most important is your payment history. The second is how much you owe. The third is your credit history. The fourth is your applications for credit and the last is your credit mix. Since the paying on time has the biggest effect on how to increase a credit score, this should be where most people start.
Expert Author:
You want to apply for a mortgage and don’t want a lot of credit card accounts just sitting on your credit report because you think it is going to hurt your FICO score. You think you can raise your score just by closing your accounts and you close a few. Guess what? The opposite happens and your FICO score goes down. Why is that?
Expert Author:
This is a question that has no definitive only a direction. Why? This is because each lender makes their own decisions on who they will give a loan to and at what interest rate. So if you have a 700 interest rate you might not get the best interest rate out there and it could be different from one lender to the next. If you just looking at the facts, you will find 700 is a good credit for four reasons.
Expert Author:
Most of us are familiar with credit scores, but are not really sure how the score is generated. The first thing to understand is there 100 different ways to score your credit. They are all based on your credit report and the most recognized is the FICO score. Developed by Fair Isaac, FICO scores entail a highly complex formula to determine a credit score with each factor’s value dependent on other pieces of information. There are five main factors that weigh into your FICO score to know.
[1] [2] [3] [4] [5[6] [7] [8] [9] [10] [11
 
Excellent, Larry. Thank you for taking the new article directory technology and making it work to the max. I encourage everyone to keep contributing and contributing regularly. I can attest to the fact that this site is already a strong directory in a field of many. Kudos to Larry!

Matthew C. Keegan
The Article Writer

I find it a delight to use both as an author and a publisher. It is full of nice little surprises that make the whole process of writing, reading and publishing articles a complete delight. This is one that comes out tops and beats the rest hands down.

Eric Garner
Managing Director
ManageTrainLearn

 
I did a Google search and came across your site. It was exactly what I was looking for and was elated to find such a broad range of articles. As I am launching a free magazine in a small town in Florida, I wanted to be as resourceful as possible while still being able to provide some content that is interesting and well written. Your site has all the variables in the mix. Excellent Site hitting all the notes in the scale sort of speak.

Mo Montana
Florida, USA

 

My name is Raven and I run LendingPot. I was just browsing around online, and I stumbled upon your Site. Personally, I liked what I saw there and would like to add your website to my links page as I feel it will be very useful to my visitors.

I have seen many article directories and I must say ArticleSphere.com is the Best by far.

It is evident from the wealth of informative and quality articles published on ArticleSphere.com that this is the Number One place for authors and writers to publish their works to gain greater exposure and to position themselves as experts in their respective fields, as well as for publishers to research and reprint quality articles on their websites, blogs, ezines and magazines.

Thanks for putting up such a professional, quality and useful Site.

Raven Smith
Sacramento, California, USA

Article Topics

Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at ArticleSphere.com™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.

ArabicBulgarianCatalanChinese (Simplified)Chinese (Traditional)CzechDanishDutchEnglishEstonianFinnishFrenchGermanGreekHaitian CreoleHebrewHindiHungarianIndonesianItalianJapaneseKoreanLatvianLithuanianNorwegianPersianPolishPortugueseRomanianRussianSlovakSlovenianSpanishSwedishThaiTurkishUkranianVietnamese