Credit Score Information Credit Card Debt Credit Cards and Credit Reports Credit Score and Leasing FICO Credit Scores Improve Your Credit Score Know Your Credit Score New FICO Credit Model (FICO 08) New Mortgage FICO Credit Score Tips On Improving Your Credit Score
Published:Tue, 15 Dec 2009 13:09:03 GMT
If youve made homebuying a New Years resolution , youll want to keep your credit score from slipping over the holidays. FICO, the credit-score company formerly known as Fair Isaac......
Published:Tue, 15 Dec 2009 13:00:00 GMT
In an effort to help people improve their financial fitness in 2010, Consumer Credit Counseling Service of Greater Atlanta is seeking 25 people in metro Atlanta to participate in ......
Published:Mon, 14 Dec 2009 10:04:48 GMT
Eileen Ambrose: 8 popular myths about how to maintain a credit score......
Published:Mon, 14 Dec 2009 14:03:00 GMT
Credit monitoring services company explains auto financing payments can increase significantly depending on credit score......
Published:Tue, 15 Dec 2009 19:40:58 GMT
Eight widely held myths about credit scores are debunked. One big one: You have to carry a balance to get a good score.......
FICO Credit Scores
FICO® Score 700 and above are:
Excellent, Group A rating by lenders, have access to the best interest rates and terms and about 60% of U.S. population falls within this group.
FICO® Score 600-699 are:
Good credit, Group B rating by lenders, you will have access to good interest rates but may not qualify for the very best interest rates and terms and about 27% of the U.S. population falls within this credit range.
FICO® Score 500-599 are:
Risky credit, Group C rating by lenders, you may still qualify for a loan, but may pay higher interest rates and about 12% of the U.S. population is within this range.
FICO® Score 499 and below are:
Very risky credit, Group D rating by lenders which means you may have liens, foreclosures or credit problems, you may still be eligible for a loan, but you may have to pay the maximum allowable interest rates and about 1% of the popuation falls within this credit range.
You can now see some of the benefits of why it is important to have a good credit score. Do you know your credit score?
