Weekly Tip for Dec 06: What About Your FICO Score

<span>Weekly Tip for Dec 06:</span> What About Your FICO Score


What’s in a score? It can say a lot. It tells lenders, employers, creditors, landlords, and many others who have access to your score whether you are a good candidate to work with.

  • Lenders use the score to qualify you for financing. If your score is too low, they may disqualify you or qualify your application with higher interest. So your financing costs become high.
  • Many employers use the score to determine whether you should be hired. A candidate with a low score generally means that they are not responsible with their credit obligations. This becomes a red flag for employment positions that need responsible candidates.
  • Rental units will view your score when applying for rental housing. If you score is low, you may need the signature of another person in order to obtain the rental unit you want.

So again, what’s in a score? It’s may be time to get your score up for a strong living position.

There are issues that you need to address to increase your FICO score. Please give this tip a quick comment/share and then jump over credit checkup for good credit management and FICO scoring.

Image credit: Credit Score, on Flickr

Helpful tip? Leave us a quick comment below.
And please share this tip with friends and family.


end of post idea


Helpful article? Leave us a quick comment below.
And please give this article a rating and/or share it within your social networks.

facebook linkedin pinterest

Amazon Affiliate Disclosure: SayEducate.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. The commission earnings are used to defray our cost of operation.

View our FTC Disclosure for other affiliate information.

Categories: Weekly Sunday Tips

About Author

Krayton M Davis

From the administrative staff at SayEducate.com. We hope you enjoy this managing your money and finances BLOG-magazine. Please forward any suggestions or comments regarding the posting or other elements of our site. Thank you.