What is a
credit score (FICO Score)?
credit score (a numeric
score usually from 500 – 800) is a numerical index which represents an estimate of an
individual's financial creditworthiness used to predict the relative likelihood
that you will repay a credit obligation: applicant's credit card...
How your credit score is established and destroyed.
FICO Scores are calculated
from a lot of different credit data in your
credit report. This data can be
grouped into five categories as outlined below. The percentages below reflect
how important each of the categories is in determining...
protect your credit.
Two of the most important
things you can do to maintain a
good credit history are protect your credit
rating and protect your privacy. First, it's very important to be aware of
what's in your credit report. That way, if your identity...