Archive for November, 2011


FICO Credit Score

FICO credit score explained Your FICO credit score is a three digit number calculated by the Fair Isaac Corporation to determine how much you can borrow and on what terms. For you to feature on a FICO credit score, you need to have some credit history. The length of your credit history does matter even […]

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Credit Scores Range

The Credit Scores Range Credit scores range from 300 to 850. Credit scores are three digit numbers that inform creditors about your credit worthiness and how you have managed your credit and your bills in the past. Credit scores range helps the lenders to judge whether you can be a potential borrower. What is a […]

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Credit Score Calculator

What is a Credit Score Calculator ? A credit score calculator is a helpful measure for managing your debts and other financial concerns. It is simple to use. A credit score calculator will help you to target and minimize your debts and increase your credit score ratings. The credit rating companies are always in favor […]

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What is considered a good Credit Score?

What is considered a good Credit Score to qualify for mortgages? What is considered a good credit score on a credit score scale? The credit score is one of the most important parts of the financial information concerning you. Where you feature on the credit score scale is often a means of determining what type […]

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Credit Rating Scores

What is good Credit Rating Scores ? Most people wonder as to what might be good credit rating scores. They think about these scores when they want to rent a new house and when they want to apply for a loan. Building credit rating scores is not a case of just a few days of […]

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What is Credit Score?

What is Credit Score? What is credit score? A credit score is a figure given by your credit report after taking your credit worthiness into account. This figure makes it possible for the lending institutions to judge your ability to pay back the money quickly that they have loaned to you. A credit score is […]

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What is the Highest Credit Score?

What is the highest credit score on a range? It is 850 as per FICO. If you are going to look for a loan, a credit score is very essential whether it is going to be for a house mortgage or towards purchase of a new car. A credit score is an assessment of how […]

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What is a good Credit Score Rating?

What is a good credit score rating when you want to go shopping for loans? It will depend on what the lending institutions consider as a point of reference. The credit score is essentially reflective of the financial picture of a person and helps in assessing the possibilities of people paying the loans back within […]

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Average Credit Score

When you are waiting to see your first credit report, a question will creep up in your head, “What is an average credit score?” A credit score will be calculated on a daily basis. Hence, an average credit score is a very good indicator of the state of an economy. A credit score essentially reflects […]

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Credit Score Scale

A good understanding of the credit score scale is essential to get yourself to qualify for credit cards, auto loans and personal loans. You need to use these types of credit often in your lives. A credit score scale will vary depending on the kinds of loans you are aiming to qualify for. For example, […]

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Credit Score Ratings

There will be occasions in your life when you will be dependent on your credit score ratings. There will be times when you are forced to apply for credit like when you want to buy a house. When such a requirement comes by, you have to manage your credit adequately so that you can receive […]

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