credit score: 5 Big Credit Mistakes - 06/03/09 12:22 PM
It's surprising how many consumers make the same credit scoring mistakes over and over again. In an effort to educate consumers on credit and credit scoring, we've compiled 5 common credit scoring mistakes into a list that defines each mistake and explains why they are bad and how to avoid them:
 
Credit Mistake #1: Closing Credit Cards Accounts

 
This is probably THE biggest credit mistake that consumers make. What you may find surprising is that closing credit card accounts can hurt your credit score almost as badly as missing a payment.
 
Not only is this the number … (0 comments)

credit score: What You Need to Know About Your Credit Score... - 06/11/08 11:54 AM
What You Need to Know About Your Credit (FICO) Score
What You Don't Know About Your FICO Score Can Cost You Money
It's important to obtain copies of your credit report from the three major credit bureaus and review them for accuracy, but if you want to know how a potential lender views you, it's important to know your credit or FICO score. FICO comes from the Fair Isaac Company, which came up with the process of condensing all of your credit information into one three-digit number.
Three quarters of all lenders use FICO scores when considering requests for loans or … (2 comments)

 
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Erica Wright

Niceville, FL

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Platinum Real Estate Associates of RE/MAX Southern Realty

Address: 217 Miracle Strip Parkway S.E., Fort Walton Beach, FL, 32548

Cell Phone: (850) 420-3883

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