If you have never heard of the FICO score before, you need to get used to the terminology. It was with the name of the invention the company, Fair Isaac Corporation, FICO score is, essentially, a simple set of numbers shorter your entire financial life, is a three-digit credit summary.

Not just your loan or payment history, for all of bankruptcy that you may have been carried out, scores were collected from the three major credit reporting stations It represents the distillation of information. Default of liens and payment of Andy will also be incorporated in the same way score. Score can be varied from a high of 300 rows of 850 represents an attempt to quantify the life of financial transactions to a single number. It has been very successful. In fact, most of the people have become to score, how is that a lot of companies to use it for reasons not entirely obvious would be surprised to see how important.

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http://www.madsa.co.za/oxwall/forum/topic/37692
http://move.tallahassee.com/event/244