Over the weekend I completed one of my year-end financial checkup tasks. I visited MyFICO.com and pulled a current copy of my credit report. This exercise was even easier this year considering the MyFICO promotional code that gives 30% off … Continue reading
Few things strike up a debate faster than asking what good is a credit score these days? There are those who totally spurn the idea of some 3rd party determining their credit worthiness. There are others who worship the mighty … Continue reading
In response to the inevitable credit crunch many credit card issuers are lowering credit limits without advanced warning to cardholders. In their defense, many borrowers have shown a propensity for maxing out credit limits with little promise of repayment. As … Continue reading
It looks like Fair Isaac is reacting to this recent lending debacle by improving on its formula for creating the almighty FICO score. Habitual late-payers will see their credit score more heavily penalized, while those of us with the occasional … Continue reading
