Rescue Plan Passes With Flying Colors
I guess we don’t have to fear credit lines not holding up? Who really thought they wouldn’t pass this bill?
Archive for the ‘Your Credit’ Category
Credit Crisis Bailout Plan Goes To The House
The bailout bill goes to the House for vote tomorrow.
There were rumors that credit card debt holders would not be receiving credit extensions, unless they were top flight customers. This bill is to unfreeze that situation from happening to individuals.
How FICO Scores Impact Approval Decisions for Credit Cards
Banks and credit card companies decide whether or not to approve applications for credit based on a variety of factors, including: (1) how long you’ve been employed, (2) your family income level, and (3) your credit history, as reflected by your FICO Score.
What is FICO anyway?
FICO stands for Fair Isaac & Co., which [...]