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.
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 […]
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 […]