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Here’s How to Boost Your FICO® Score Organically
To start, Banks and Credit card lenders use several different scoring models to calculate creditworthiness, one of which is the FICO. Since its introduction, FICO® Score became widely adopted by 90% of top lenders. While it is similar to Credit Score, FICO®’s initial goal was to improve business decisions by using data intelligently. Payment history and amount of debt are the two biggest factors in determining your FICO® Scores. As such, changes in these areas can have the highest impact. The Most Effective Way to Grow Your FICO® Score If you want to know how to grow your credit score organically, remember to these key ingredients. Your payment history accounts…
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Figuring Out Credit Scores, Credit Karma and Credit Cards
After getting a grand total of $16 donation bucks from 3 of 125 people that liked my picture on Instagram, I was motivated to write this “How to Credit Score Improvement Plan” thingy. Seriously, thank those three benevolent souls because I would have given this specific write-up, a side-eye. But I’m gonna link the FinCon homie Marko, since he is good at explaining this stuff, and MissBeHelful (cuz ya should know her too). Here’s the outline I came up with on the DC metro for about 8 minutes: Know your real money issues. The credit score is merely a report card. Where did all that interest go? There are rules to this. Budgeting is still a…
