Monthly Archives: February 2015

Understanding FICO Credit Scores

Understanding FICO Credit Scores

The mighty FICO score can influence how much your pay for insurance, the interest rate on a mortgage, credit card interest rates, and even whether you will be hired.  But exactly what is a FICO score? First, what does FICO stand for anyway?  FICO is an acronym for the Fair Isaac Corporation which is the company that calculates the scores. …

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