How FICO Formulates Your Credit Rating

Posts Tagged ‘Credit Bureaus’

How FICO Formulates Your Credit Rating

By Author on Sunday, October 9th, 2011 | No Comments

The various credit bureaus can use different methods at arriving at your score and this is the reason why you can sometimes have more luck getting finance from one lending establishment than another. The finance industry standard is a system called FICO. FICO stands for Fair Isaac Company Company. FICO is software for calculating credit [...]

Brand New Scoring System At Credit Bureaus Should Simplify Lending

By Author on Wednesday, July 6th, 2011 | No Comments

Equifax, Experian, and TransUnion, the nation’s three principal credit-reporting bureaus, have announced that they will soon start employing a unified credit scoring system. Presently, each bureau utilizes its own method to determine your credit score and this has led to problems inside the past. VantageScore vs. FICO Scores At this time, 75% of lenders take [...]

How can I get my credit card company to report account information?

By Author on Sunday, November 14th, 2010 | No Comments

I got my credit report today and it shows that my total credit amount is 0 and I have 6 available. After further inspection I noticed that only one credit card had reported a credit limit/max balance and that all of my credit cards hadn’t been reported since April. Is there an effective way to [...]

What credit card should I go for citi bank or bank of america?

By Author on Tuesday, October 19th, 2010 | No Comments

I have a credit score of 700 and wanting another credit card. I was thinking about citi bank or bank of america. What one should I get? I only have one other credit card from Wumu. I want a credit card that report to the 3 credit bureaus every month. Anyone has either one of [...]

How to raise your FICO score up quickly

By Author on Saturday, October 2nd, 2010 | No Comments

How To Get Your FICO Score Up A good FICO score is important to your financial situation. Now that banks are more careful with lending money, your credit report may be more important than ever. Now, we will see how you can raise your credit score quickly and easily. You may be surprised to find [...]

No Annual Fee Credit Cards

Posts Tagged ‘Credit Bureaus’