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Tuesday, March 06, 2007

 

Do you know your FICO Score?

Do you know your FICO score? Do you know that FICO score is very important criteria for the decision of lenders? FICO score are your credit ratings. Basically, it is ranging from 300 to 850, i.e. the higher the score, the better. Why? Because higher credit score means lower interest rates. FICO score are calculated based on 5 categories which include payment history, amount owed, length of credit history, new credit, and types of credit used. And you can get a free trial from the FICO web site. [url: http://www.myfico.com/]

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