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Credit Scores: How Much Debt Is Too Much?
December 6, 2004 How Does Debt Affect FICO Score? "When I ordered my FICO score, one of the reasons given for my low score was that ?The amount owed on your accounts is too high.? Since I own marketable securities that are worth twice as much as all my debts combined, ... more...

Lease-to-Own House Purchases
20 September 2004, 3 October 2005 Postscript What Is a Lease-to-Own Purchase? A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 ... more...

fair isaac related definitions

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

Equity
Equity The difference between the fair market value and current indebtedness, also referred to as the owner's interest. The value an owner has in real estate over and above the obligation against the property. Equity increases as the mortgage is paid or as the property enjoys ... more...

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Bad Credit Personal Loans: Empowering Credit Misfits
First thing to do when you discover bad credit is - dont panic. With our somewhat dicey financial habits, it is not surprising that more and more people are registered as bad debtors. Bad credit is no laughing matter but it is also not something to despair. Most people believe that bad credit is a ... more...

How To Check Your Credit Rating and Know Its Affect On You
You may not know it, but every time you take out any kind of loan or credit or pay something back, it gets counted on your credit rating. Who keeps a record on you will vary according to where you live, but the big three credit reference agencies are Experian, Equifax and Trans Union. They will ... more...

Fair Isaac Corporation Credit or FICO Score
As I am not from the US, I had no idea what FICO meant before researching it. FICO stands for Fair Isaac Corporation, a company based in California. FICO, put simply, is a person's credit score. A credit score can be used by a potential lender in making a judgement on whether to grant you credit or ... more...

How Your Credit Rating Affects You, and How to Check It
You might not know it, but every time you take out any kind of loan or credit or pay something back, it gets counted on your credit rating. Who keeps a record on you will vary according to where you live, but the big three credit reference agencies are Experian, Equifax and Trans Union. They will ... more...

How Your Credit Rating Influences You and How to Check It
You might not know it, but every time you take out any kind of loan or credit or pay something back, it gets counted on your credit rating. Who keeps a record on you will vary according to where you live, but the big three credit reference agencies are Experian, Equifax, and Trans Union. They will ... more...

Does Working With a Credit Counseling Organization Hurt Your Credit Score?
Credit counseling organizations do not lower your credit score when you approach them for assistance in creating a budget that you can work with. Credit counseling is designed by nature to assist each individual in a way that is unique to a persons particular situation. A credit counseling plan ... more...

Bad Credit Debt Consolidation Loans - An Opportunity Beyond Belief
Every one now a day requires money for different purposes it may be for personal purposes, home improvement, wedding or for the educational purposes. Every one may not have enough money by themselves to fund the event by individually so a loan is a very important tool, which can help us, reach the ... more...

Bad Credit Loans A Benediction In Disguise
Everybody has a bad phase where finances are not easy. Everyone makes mistakes while managing their finances. Some prove more costly than others. This does not mean that people should be deprived of essential things. Bad credit loans offer solutions to people who have been declined credit because ... more...

Make A Fresh Start With Bad Credit Debt Consolidation Loan
Many people make the mistake of taking loans for all the financial requirements that they come across in their lives. For some people it is a necessity and some people think that they will be able to pay off their debts easily. But, sometimes it is not possible for every one to pay of their debts ... more...

Credit Score - Reporting Your Financial Health
Credit score is one of the most basic, determining factor while loan borrowing. Credit score is the criterion for the creditor to ascertain whether to give you credit or not. Credit score is a powerful tool, if you what it is. Credit score is a three digit number which is consequential enough to ... more...

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