Knowing what type of score your lender needs will keep you from feeling blindsid…


Knowing what type of score your lender needs will keep you from feeling blindsided when you think your score meets the requirements to get the loan you want. The FICO score is the method (algorithm) that has been adopted by America’s largest credit reporting agencies developed in the 1980’s by the Fair Isacc Corporation for the purpose of establishing a consistent way to come up with a score. A credit score is the score that a credit bureau reports based on the scoring model the bureau



Source by shouldpayoffmymortgage

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