Your FICO® Score
FICO® an acronym for the Fair Isaac Corporation.
Today you cannot turn on the television or radio without hearing commercials about someone who has been a victim of Identity Theft and their credit score compromised. Additionally, you will learn many well-established tricks of the trade to insure that there is no comprise to your credit score.
The entire finance industry from lenders, vendors, equipment financing, landlords, insurance agents and even doctors will review your FICO Score to see how you manage your credit affairs. Today this country is being divided into the “haves” and the “have not’s.” Those that have good credit get excellent rates while those in the “have not bracket” are getting much higher rates and in many cases no credit at all.
This is what you face if you do not know how these scores are arrived at and how to use your FICO Score to your advantage.
With this knowledge, you can protect your FICO Score as you protect your home and wealth, with vigilance and awareness. This advice comes from someone with nearly 35 years experience in credit and financing.
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