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Archive for the 'FICO Scores' Category

By Cary Snyder
csnyder@wyomingnews.com
CHEYENNE — The three-digit number can make or break you.
It can mean the difference between affording the home of your dreams or continuing to devote a significant portion of your income to rent.
The friend — or foe — is your credit score.
But when it comes to knowing how to build a high score [...]

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From LaToya Irby,
Your Guide to Credit / Debt Management.
About.com
A recent survey conducted by GFK Roper Public Affairs holds that the average American household has over $9,000 in credit card debt. The survey also reveals that 90% of respondents say they have less than the average amount of credit card debt.
The survey analysis alludes to the [...]

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18 August, 2007 (23:55) | Consumer | By: Jason Dean
The whole idea of credit can seem like it’s shrouded in mystery, so it’s no wonder that there are many myths — or “urban legends” — about credit. How do you separate the fact from the fiction? Well, these are some of the most common credit [...]

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From LaToya Irby,
Your Guide to Credit / Debt Management.
FREE Newsletter. Sign Up Now!Your credit score is a three-digit number that is used to predict how you will pay your bills. The score ranges from 300-850 and is calculated using your credit history information contained in your credit report. When you make an application for credit, [...]

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In part 1 of this series on credit we talked about how important credit has become in surviving the current home depreciation environment and avoiding the ARM Reset Foreclosure Trap. In part 2 of the credit series we looked at the elements that comprise your credit score. Hopefully now you have a good understanding of [...]

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A “credit” at the onset here: Everything I learned about credit repair apart from experience I learned through a free PhPBB credit repair forum linked here. If you want to learn, go there! Now for the beef:
I hate credit reporting agencies. Why? Because they suck people’s blood. Back in 2003 my [...]

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Filed under: Credit Repair, FICO, Credit Cards, Credit Scores
I have to wonder what correlation exists between closing a credit card account and your likelihood of repaying a debt. If there is no such correlation, then one would think that the credit scoring model should not be penalizing anyone merely for closing an account.
Is it [...]

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Broken Credit, LLC welcomes you to Raise Your Credit Score.  Our free thirty minute seminar is NOW AVAILABLE and will discuss the following topics:

Why errors exist on credit reports
How to obtain a copy of your free credit report
The proper way to dispute inaccurate items
How to re-age a derogatory account to delete the derogatory history
How to [...]

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Bloggers have begun to supplant traditional media in influence and audience in a wide array of areas, none more recent and more profound than in personal finance. Whether their goals are as ambitious as becoming a millionaire or as humble as paying down their credit card debt, tens of thousands of people over the past [...]

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The Supreme Court issued an opinion on June 4, 2007 regarding insurance companies use of credit scores.  The cases involved Safeco Insurance v. Burr, 06-84 and GEICO General Insurance v. Edo, 06-100.  One of the main issues was when an insurance company is required to inform a consumer that a higher rate was charged as [...]

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