1 / 10

How to Understand FICO Score?

What is FICO score? A number of the people don't know about fico score. This presentation describes in brief that how bad credit rating and history affect your fico score? Or how to rebuild credit score and improve your rating.

ReliantCreditRepair
Download Presentation

How to Understand FICO Score?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How to Understand Your FICO Credit Score

  2. Most of people know the importance of a good credit score. FICO (Fair Isaac Corporation) Credit is the generally used credit scores by banks and insurers. An estimated 90 percent banker use FICO scores in their decisions. There is actually multiple forms of FICO Scores for banks and credit bureaus or reporting agencies may use different versions. The basic information is the same, but the exact features may be different.

  3. If you want to apply for a debt to buy a car and for a credit line or insurance, your FICO score will almost certainly be considered. A low score can prevent you from getting the house or apartment you want. You can learn how your FICO score is calculated, what the score means, and how you can improve your scores.

  4. Getting Your FICO Score

  5. Ask FICO for your scores. You can get all of your FICO scores from the Fair ISAAC Corporation’s consumer. FICO does not provide these scores for free, but they will allow you to order your scores from all three credit bureaus --

  6. Get your scores from the individual credit bureaus You can order your FICO scores from each of the three major credit bureaus separately. Note that credit bureaus may use different versions of the FICO score. For this reason, it’s important to get your FICO scores from all three major credit bureaus. Visit their websites for details on how to purchase your credit reports. Be aware that the credit bureaus often will not allow one-time report purchases. They prefer you to purchase a renewing membership for a monthly fee. You must cancel these memberships in order to avoid being charged the monthly fee.

  7. Ask Your Credit Card Issuer For Your FICO Score Several credit card companies will now provide you with a free copy of your FICO score. The terms & availability varies between companies, so contact your issuer to find out if this is an option. In United States, these companies include Bank of America, Barclaycard US,Chase, Citibank, Discover, Other credit card issuers may provide other types of access to some or all of your credit scores & reports. Contact them for details.

  8. Contact Us 59 Main Street, Suite 339 West Orange, NJ 07052 P: 800-707-7492 & 973-500-6860 info@reliantcreditrepair.com support@reliantcreditrepair.com twitter.com/reliantcredit Reliantcreditrepair.com

More Related