Applications for Credit on your Credit Report

Posted on February 25, 2009 - Filed Under applications | Leave a Comment

The FICO score formula takes into your inquiries.  These are any time your credit report has been reviewed.  This means wither you, an employer, or creditor have taken a look at it.  The only that is taken into account when calculating your FICO score is when a creditor looks at your account when you apply [...]

Read More..>>

Should You Carry Zero Balances?

Posted on February 3, 2009 - Filed Under Uncategorized | Leave a Comment

It is a common belief that you need to have some revolving debt to get an good FICO score.  Well, that might not be entirely true.
What does carry no revolving debt really say about a person?  They have control enough not to use their credit card and save for purchases.  This is a respectable attribute [...]

Read More..>>