Tag Archives: credit score

Who is Fair Isaac?

FICO stands for Fair Isaac Corporation. They created the most commonly used credit scoring module. Check out our video for some helpful info!

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Is Your Credit Score Perfect?

Credit scores can range between 300 and 850. I once had an attendee at one of our seminars tell me that he wanted to have a perfect 850 score. I informed him that having a perfect and constant score of 850 was somewhat impossible and it really wasn’t necessary. You might be scratching your head [...]

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When To “Ignore” Your Credit Score

A few weeks back, I had a seminar attendee ask me how he could obtain a perfect credit score. He said his score was almost at 800 and that he wanted to be at a perfect 850! Truth is, there is no such thing as a permanent, perfect credit score. Once you get above about [...]

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Credit Repair Companies: To Go or To Run!

Having good credit is important. Without it, you might be denied low interest loans, a job, a rental, an insurance policy, and maybe even a cell phone. If your credit report contains a history of debt problems or errors, you might be considering a credit repair company to “clean it up.” Before you pay, beware of [...]

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Who is FICO?

Your credit score is a numeric summary of the information on your credit report and is formulated to predict your repayment risk. The most commonly used scoring model is issued by the Fair Isaac Corporation. This is where we get the infamous FICO score from. It ranges from 300 to 850. Typically, those with higher [...]

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Unraveling the credit score mystery

It seems every year the number of commercials for online credit monitoring and credit assistance increase. These companies claim to help you gain knowledge about your credit background, credit score and ways to improve your credit worthiness. For a nominal fee, you can have others research your financial history and determine how to get you [...]

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