Personal Finance:

Managing Credit & Debt

Fico Score

 
by Andrew Smeja
Fico is the ticker symbol for the Fair Isaac Corporation. For those of you who don't know, a ticker symbol is usually a shortened version of a companies name that refers to a stock. For example, if you wanted to buy shares of the Pepsi company, you ... More>
by Katerina Nikolas
Mortgage foreclosures and delinquent accounts are something everyone cannot be unaware of. Lenders are under constant criticism for extending mortgages without due caution. Sub prime lenders are blamed for high risk lending whilst some analysis show... More>
by Katerina Nikolas
Lenders are always looking to expand into new markets and there is a huge number of Americans who are simply ‘credit underserved’, meaning they haven’t typically used credit and thus have no credit score. The problem which creditor... More>
by Tania Williams
Bad credit, slow credit, NO problem! We hear this slogan now more than ever. Your FICO score is a scoring method used to determine how credit worthy you are and if you are a high risk. Your credit report is a condensed record of your credit history ... More>
by Lynette Alice
Most people know what a FICO score as well as what it is used for, but they have little or no idea how an actual FICO score is calculated. It is not their fault, the formula for calculating a FICO score is almost as well guarded as the formula for C... More>
by Renee Ruby
How Your Credit Score is Calculated: The New Formula You have seen all the commercial ads on television on the importance of knowing your credit score and staying on top of it. If you have rented an apartment, bought cell phone service, applied for ... More>
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