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Bad Credit

February 24, 2013

The best-known and most widely used credit score model in the Uniteed States, the FICO score is calculated statistically, with information from a consumer’s credit files. Nevada has the worst bad credit statistics with an average of 670. Other states that rank poorly are Texas, Louisiana, Mississippi and South Carolina.

Your Credit Score Demystified

Your Credit Score Demystified

November 12, 2012

Your credit score, often referred to as your FICO score, is the single most important number in determining if you can borrow money from mortgage, auto or personal lenders. This score also determines the interest rates that lenders will charge you. And if you’re applying for a job, you might be surprised to learn that […]

Your credit score and why it matters

Your credit score and why it matters

September 22, 2012

Credit scores are like permanent records at school: they’re a summary of how well you pay your bills, how likely you are to pay loans back, and how much credit you can receive, and they follow you around wherever you go. Good stuff, like getting a higher credit limit from a credit card and paying […]