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Details: The “FICO” Score - What Is It

ID:13412
Title:The “FICO” Score - What Is It
  The “FICO” Score - What Is It
PageRank:N/A
Description:If you are looking to buy a home, car or any major appliance and you are applying for credit, lenders are very interested in checking out your credit report to verify your credit worthiness. The most important thing these days that they look at is your FICO score. Most people have absolutely no idea what a FICO score is and usually are trying to find a definition of this term. When a credit report is generated for something like, for example, a new car, a score is generated when it is submitted. There are many ways that a score is generated. This includes whether your accounts such as credit cards, loans and other credit items are paid on a timely basis. Once the credit score is generated, it displays on the merchant’s computer screen and can be printed out. Scores vary from a low of about 300 to a much higher level over 800.
Category:Science and Technology: Geology and Geophysics
Site Owner:koko@hotmail.com
Date Added:September 09, 2008 05:22:34 AM
Number Hits:0

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