Here are all the factors FICO ignores when calculating your credit score.
Do your age or your salary matter when it comes to calculating your FICO credit score? No, and neither do these 10 other factors.When checking your application for a credit card or a loan, most lenders will assess your creditworthiness, or your likelihood of paying back what you borrow, by looking at your 3-digit credit score.
While there are various scoring models lenders choose from, most use the FICO credit scoring model by Fair Isaac Corp. to measure consumers' risk. FICO scores range from 300 to 850, or from very poor credit to excellent credit. Wherever your credit score falls, it's worth noting what can make your score go up or down. But you also should understand what doesn't get considered into your score's calculation at all.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Everything Coming To Netflix In May 2020 — And What To WatchHere's everything coming to Netflix this month—and what to watch:
Lire la suite »
The 2020 Democratic National Convention Has Been Moved to AugustHere's what you need to know.
Lire la suite »
Kirstie Allsopp is hosting a virtual interiors masterclass this weekendHere's how you can join her
Lire la suite »
How Long Does It Take To Recover From Coronavirus?Here's what experts know about recuperating from symptoms of mild or severe cases of COVID-19.
Lire la suite »
Whistleblower Alleges Trump Administration Ignored Dire COVID-19 WarningsThe Trump administration was warned in late January that it had a critical shortage of surgical masks needed to combat coronavirus and that it needed to prioritize the development of a vaccine. But it failed to take action, a top administration health official alleges in a whistleblower complaint formally
Lire la suite »