Tag: Credit Score

Posted on 08/22/2021
Mortgage Qualifications: FICO Score
Image by David Pereiras from Shutterstock Your FICO score is a key factor used to determine if you qualify for a mortgage. The Fair Isaac Corporation (FICO) is the creator of the most common credit score used by home loan providers. The algorithm used to create your score is a closely-guarded industry secret. But in general, it factors...
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Posted on 03/22/2020
What You Need To Know About Your Credit Score
When you want to buy a home, you know that good credit will be necessary. You may have heard some things about your credit score that just aren’t true. Read on to set the record straight on some of the most significant misconceptions about credit. Checking Your Credit Only Gives You Knowledge Checking your credit score or report will...
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Posted on 06/02/2019
Demystifying Your Credit Score Calculation
Understanding how your credit score goes together and how to improve it is a bit of a murky subject. The advice out there is not always consistent and depends on the financial viewpoint of the source. However, there are concrete factors that do go into the calculation of a credit score and when you understand what ingredients go...
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