As you may already know, your credit score is one of the most important pieces of information creditors look at when deciding to extend you a line of credit. By making sure that your credit score remains high you will be increasing the chances that you are awarded a line of credit from a bank or credit card company. Various information about your other accounts are included in your credit score such as late payments, delinquent accounts and ove [...]

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FICO is a publicly traded corporation that created the most well known and widely used credit score model in the United States. This credit score, known as your FICO score, is used in all sorts of credit decisions made by banks, lenders, and other creditors. If you have a low FICO score you will quickly realize just how hard it is receive any sort of credit, which is why it is so important that you do everything you can to keep your FICO score [...]

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Your Vantage Score is another type of credit score that is similar to your FICO score. Vantage Score was designed to simplify and enhance the credit process for both consumers and creditors. Many consumers find the FICO score system a bit confusing, which is one of the main reasons why the Vantage Score was created. Vantage Score is the collaboration of the three major credit reporting companies, Equifax, Experian, and TransUnion. These thr [...]

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