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(1) How much are you are in debt? Owing a great deal of money on numerous accounts can be a sign you are overextended. |
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(1) How much are you are in debt? Owing a great deal of money on numerous accounts can be a sign you are overextended. |
Thanks for posting this. Always have buyers wondering what happened to their credit score.
Myrl: For some reason, I thought I remembered that FICO scores ranged from 300 to 850. Other than that... great post... right on !
Rose Mary - Questions seem to be coming up more often since many folks have faced financial hardship in recent years. They wonder where they are in the scheme of things, credit wise.
Debbe - Suze Orman. . .I love her! And her "Financial SAT Score" is a great label!
Toula - Thank you!
Karen - Thank you for pointing that out! I corrected the post to what many of the well-known financial websites quote as the FICO range (your 300-850) Interestingly, one quoted 375-900. I have no idea why I originally quoted as low as 200, other than possibly a typo.
Myrl ... great content for a new crop of buyers .... the new year folks are starting to creep out of the closet, and they don't seem quite so inclined to sit upon a fence!
Credit Karma is a great website for everyone to use since you can get an updated credit score as often as you want and it is absolutely FREE.
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