All Posts Tagged With: "credit"
Your FICO Credit Score – how is it determined?
Fair Isaac, the creator of the fico scoring model, reports the following factors determine a fico credit score:
35% payment history
30% balances owed
15% length of history
10% new credit
10% types of credit used
The percentages reflect how important each of these factors are. See any surprises there? What about inquiries? They do not even make the list. Most of [...]
21Oct2008 | dominion | 0 comments | Continued
UPDATE:
YES, you can use Part of the $8,000 Tax Credit to buy your new home. Very few banks are doing ...