New Home Finance FICO Score

Understand Credit / FICO Scores to Buy a New Home

Whether for free or a fee, numerous websites offer credit scores. However, according to a recent FICO report, the majority of credit score inquirers believe they’re receiving their FICO Score, when, in fact, they’re receiving a non-FICO score. “Because other credit scores look similar to FICO Scores, consumers have no way of determining, through the credit score itself, whether or …

credit score

Tips for First-Time Home Buyers: Understanding Your Credit Score

Do you understand how the credit scoring system works? A recent survey shows that people who get their credit score know much more about how the system works than do those who do not. According to a survey released in June by the Consumer Federation of America (CFA) and VantageScore Solutions, the percentage of consumers who have obtained at least …