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..>>Posted on September 11, 2008 - Filed Under applications, inquiries | Leave a Comment
One piece of the formula of your FICO score is inquiries. This is how many times you credit report has been request to be viewed. The common thought that happens is when you check your FICO score it considered an inquiry and will count against your FICO score.
Well the folks over at Fair Isaac recognize [...]
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. [...]
Read More..>>Posted on July 23, 2008 - Filed Under applications, improve credit score | Leave a Comment
Applying for credit should be done carefully to maintain a good FICO score. This is because 10% of your FICO score is your applications for credit and is measured by how many times lenders view your credit report. A good FICO score usually means you aren’t going out and applying to every new credit [...]
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