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credit: Homes in Des Moines, Iowa: Credit Score Secrets for 2008 Revealed - 01/19/08 03:31 PM
New changes in the way credit bureau's look at your credit score.by: Brian Wentz, Realtor
Fair Isaac, home of the well known "FICO" scoring method, has announced some changes that will impact consumers credit scores in 2008. Dubbed "FICO '08", the new guidelines put heavier emphasis on several key areas which received less focus in the past, such as having higher balances on credit accounts and keeping a mix of both revolving and installment accounts.
The new scoring system may also be more forgiving to consumers who apply for new lines of credit. This change better reflects the fact that today's consumers seek and use credit more than … (2 comments)

 

Des Moines Iowa Real Estate- Brian Wentz REALTOR®

Des Moines, IA

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Burnett Realty

Address: 10200 Hickman Road, Suite #100, Clive, IA, 50325

Office Phone: (515) 334-4994

Cell Phone: (515) 779-7677

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