Why the Biggest “Myths” About is 805 a good credit score May Actually Be Right
The point is that it could be. And if you don’t think of your credit score as a score at all, it might just be 805. But before you make any credit decisions, it’s important to understand what it is. It’s a score that lets lenders and lenders’ companies know how likely you are to repay any debts you incur, and it’s one of the top five scores you should keep an eye out for.
Thats basically all there is to this whole credit score debate. Credit scores are based on what is known as the FICO Score, which is a 5-point scale that ranges from a 300 to a 850. The FICO score is a score that represents the average creditworthiness of a given area.
FICO scores are based on two factors: your income and the amount of debt you have. So if you make $100k a year and you have a $90k credit card balance, then that’s a FICO score of 850. If you have a debt of $90k, then FICO score is 300.
It is true that if you make $100,000 a year and you have a debt of 90k, then FICO score would be 900. But that is the point. The FICO score takes into account not just your income and the amount of debt you have, but also your education and other factors. We’ve all seen the “fraud” scores that are used in credit scoring.
FICO has been around since 1999, and has a very high correlation to credit score. In fact, the scores are very similar between companies with the same FICO score. So when we look at FICO scores, they are not the complete picture.
FICO scores take into account not just your income and the amount of debt you have, but also your education and other factors. Weve all seen the fraud scores that are used in credit scoring.FICO has been around since 1999, and has a very high correlation to credit score. In fact, the scores are very similar between companies with the same FICO score. So when we look at FICO scores, they are not the complete picture.
FICO scores are a great tool, but they are not the only tool for analyzing credit scores. Credit bureaus also use the FICO score to determine if you might qualify for a loan. And in the FICO database, there are more than 10,000 score variations for each FICO score. This makes it difficult to compare FICO scores, and even more so to compare different FICO scores.
However, there are several sites that let you compare FICO scores. We don’t recommend a credit score, but it can be useful for comparing scores between companies. FICO scores are one of the most common ones we see out there, so it is worth looking into. You can also look at credit scores using the FICO score, but there are some differences.
You can use the FICO score, but it is a little different than the other scores. The FICO score is a composite score that combines the credit score, age, and location score, which are all used to determine your creditworthiness. The FICO score, however, is more of a list of risks. When a FICO score is used to compare a company’s scores, the FICO score is the one that is used.
The FICO score is a composite score that combines the credit score, age, and location score, which are all used to determine your creditworthiness.