Credit

real credit conversations on how young adults are managing their FICO® score pt.3

Credit plays a huge role in the world of start up businesses, but depending on when you were born, you may have viewed credit as only being used for big purchases such as home loans, or to finance a car. This certainly holds true for many consumers; however, credit is also being used in other …

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real credit conversations on how young adults are managing their FICO® score pt.2

How were you first introduced to the world of credit? Depending on when you were born, you may have viewed credit as only being used for big ticket purchases such as home loans, or to finance a car. This certainly holds true for many consumers; however, credit is also being used in other ways such …

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real credit conversations on how young adults are managing their FICO® score

  Depending on when you were born, you may have viewed credit as only being used for big ticket purchases such as home loans, college tuition, or maybe to finance a car. While this is the case for many consumers, credit is also being used in other ways such as traveling, or to assist in …

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“did you know this about the amounts owed on debts?”

Did you know that 30% of your FICO Score is based on amounts owed? Amounts Owed refers to how much debt you carry in total and is an important factor of your FICO Score. FICO research has found that your level of debt is predictive of future credit performance because the amount owed typically impacts …

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“did you know that this happens when applying for credit?”

Did you know that 10% of your FICO Score is based on how often you apply for credit accounts? It’s important to know that there are two types of credit inquiries. Soft inquiries, such as when viewing your own credit report, will not affect your FICO Score. Hard inquiries happen when you apply for a …

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“did you know this about your payment history?”

A healthy credit score can help ensure access to lower interest rates, better loan options, and much more. Research shows that your track record of payments tends to be the strongest predictor of the likelihood that you’ll pay all debts as agreed to. As you can imagine, a lender’s number one priority is your past …

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score a better future entrepreneurs edition | meet nedra

Are you a small business owner? Working on the next big idea to launch out into the world? Did you know that most small business owners (75%) depend on personal capital to fund their businesses (U.S. Census)? Good news. FICO has committed to educating consumers through their national Score A Better Future program. This program brings together …

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score a better future entrepreneurs edition | meet sarah

Are you a small business owner? Working on the next big idea to launch out into the world? Did you know that most small business owners (75%) depend on personal capital to fund their businesses (U.S. Census)? Good news. FICO has committed to educating consumers through their national Score A Better Future program. This program brings together …

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score a better future | credit spotlight | nicole

FICO has committed to educating consumers through their national Score A Better Future program. This program brings together consumer advocates, credit educators, and community leaders, in a series of free educational events across the country.  One of FICO’s key initiatives for Score A Better Future is to help communities of color, first time homebuyers, millennials, …

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