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Articles tagged with: FICO Score

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[23 May 2022 | 2 Comments | 5,374 views]
Small Delinquencies are Overlooked in Calculating Your FICO ’08 Credit Score

With the newest version of the FICO credit scoring system, minor delinquencies are now overlooked in calculating creditworthiness.

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[19 May 2022 | 2 Comments | 2,926 views]
Closing a Credit Card you Have had the Longest Won’t Lower Your FICO Score

When you close the credit-card account that you’ve had the longest, it will lower the average age of your credit accounts and drag down your FICO Score.

Fico Scores »

[19 May 2022 | 3 Comments | 3,527 views]
A Store Credit Card That Doesn’t Require Payments for Six Months Will Lower Your Credit Score

You charged thousands of dollars’ worth of appliances to a store credit card that doesn’t require payments for six months. As long as you make the payments in six months, your Credit Score will not be affected.

Fico Scores »

[13 May 2022 | One Comment | 4,070 views]
A 30 Day Late Payment can Drop Your FICO Score 60 to 110 Points

Late payments are the “biggest foul” when it comes to credit cards, warns Ben Woolsey, director of marketing and consumer research at CreditCards.com — the consequences can include late fees, jacked-up interest rates and a lower credit score.

Fico Scores »

[12 May 2022 | No Comment | 1,916 views]
Bank of America, Chase Bank and Others Offering Free Credit Scores for Customers in 2015

Free FICO Scores have become more available to consumers since 2013, when Fair Isaac Corporation announced its FICO Score Open Access Program, which gave banks the right to share a FICO Score with consumers. Additionally, banks claim the free FICO Scores have increased customer loyalty.