How Many Credit Scores?

Posted on August 19, 2008 - Filed Under FICO Formula | Leave a Comment

When you think of your credit score, what comes to mind? A credit score is a very broad term. The reason is the many different credit scores out there. If you want to talk about your credit score, your are talking in general. There is hundreds of different credit scores and [...]

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Hard or Soft

Posted on August 17, 2008 - Filed Under FICO Formula, applications | 1 Comment

One of the factors that helps to determine your FICO score is the inquiries. Meaning your applications for credit. The reasoning is based on the fact applying for several different account in a short period of time represents risk. Lenders begin to ask why does a consumer need all this credit. [...]

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