What is a Credit Grade? Now You Can Get Your Fico Score in Spanish Credit Agency Glitch Drops Credit Scores FHA Minimum Credit Score Credit Utilization Rising, Likely Hurting Credit Scores

What is a Credit Grade?

Over here, we focus on traditional credit scores, which put simply, are a measure of a borrower’s default risk. In short, the lower the credit ...

Now You Can Get Your Fico Score ...

While this may sound overdue, Fico, the creator of the Fico score, has finally gotten around to creating a Spanish version of their website. Yesterday, ...

Credit Agency Glitch Drops Credit Scores

A glitch at credit reporting agency Experian put consumers in a panic after their credit scores plummeted temporarily. Apparently an undisclosed number of users who ...

FHA Minimum Credit Score

Recently, the FHA imposed a “minimum credit score” for FHA loans after sustaining serious losses during the latest housing crisis. In short, those with credit ...

Credit Utilization Rising, Likely Hurting Credit Scores

Credit utilization, a major credit scoring metric, is on the rise, according to a recent report from credit reporting agency Experian. The company noted that ...

Latest Posts

How Cell Phone and Utility Companies Use Credit Scores

How Cell Phone and Utility Companies Use Credit Scores
May 15, 2012 No Comments »

While most everyone knows that credit card issuers and banks use credit scores to determine whether or not to lend to us, there are some lesser-known uses for credit scores as well. For example, you may have heard that employers ... Read More »

550 Credit Score

550 Credit Score
April 26, 2012 No Comments »

It has been over a month since we’ve looked at a particular credit score to determine whether it’s good news, bad news, or not even newsworthy. That said, let’s look at a “550 credit score,” which at first glance doesn’t ... Read More »

Fica Scores and Fako Scores: Huh?

Fica Scores and Fako Scores: Huh?
April 19, 2012 No Comments »

If you’ve ever done a search for “credit scores” online, you’ve likely come across a lot of funny terms. This is largely because credit scoring is shrouded in secrecy, so there’s a lot of misinformation out there. Unfortunately, this has ... Read More »

What is the Equifax Credit Score?

What is the Equifax Credit Score?
April 16, 2012 No Comments »

Credit score Q&A: “What is the Equifax credit score?” I’ve mentioned time and time again that there are a great number of credit scoring models out there used by lenders to determine our creditworthiness. And so that explains why you ... Read More »

660 Credit Score

660 Credit Score
March 21, 2012 No Comments »

It’s that time again, when we take a hard look at a specific credit score to determine where it lies on the ever important credit score scale. After all, simply knowing your credit score isn’t enough these days. You need ... Read More »