Tag Archives: 49 FICO Score Models

Tri-Merge Credit Report Information Complexities Analyzed

Tri-Merge Credit Report Information It is critical to begin the process of reviewing, analyzing and fixing your credit reports well in advance of your target date for home buying.  Fixing credit thoroughly takes time.  Six months ahead is a minimum time to allow yourself for review and removal of negatives.  More time than that is

How FICO Score affects Mortgage Rate

How FICO Score Affects Mortgage Rate A lot of factors go into whether or not you get approved for a mortgage  If you do get a mortgage your lender’s assessment of your loan application needs to show that you have passed certain standards. How FICO score affects mortgage rate is shown below. The weight given

Auto Loans Use FICO’S Auto Enhanced Score

Auto Loans Use FICO‘s Auto Enhanced Score FICO has a separate scoring system for automobile loans. Auto loans use FICO’s Auto Enhanced Score.  There are different factors inputted for your FICO’s Auto Enhanced Score than are used for your regular FICO score.  yOur regular FICO score is known as your Classic FICO or Beacon score.

Latest from FICO: FICO 8–A Primer

  Latest from FICO: FICO 8–A Primer UPDATE:  FICO  introduced yet another update in 2014.  The Latest from FICO is called FICO 9.  The newest version will go easier on medical debt than FICO 8.  Even more important it will ignore paid collections.  Most lenders will be slow to update so expect FICO 8 and

Credit score to you may differ from lender’s version

Credit Score to You May Differ From Lender’s Version UPDATE;  You can now buy your “auto enhanced score” and your “Real Estate Score” directly from FICO at their website. FICO‘s credit score to you may differ from lender’s version.  FICO has dozens of “boutique” credit scores tailored to different industries.  Some industries care about certain