Credit-Scoring Secrets Are Soon to Be Revealed. / Paul J. Lim.
by Lim, Paul J; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 65Business. Publisher: U.S. News & World Report (Syndicate), 2001ISSN: 1522-3191;.Subject(s): Consumer credit | Credit bureaus | Credit ratings | Mortgage loansDDC classification: 050 Summary: "You lost, scoring only 550. Your dutiful neighbor won, with an 800, headed for that five-bedroom manse in the suburbs. Your sister is right on the cusp, with a 620, her loan application sitting in purgatory awaiting further review. This is the world of credit scoring, where a little-know three-digit number called your 'FICO score' pretty much determines whether you'll get the house of your dreams or the car of your fantasies." (U.S. NEWS & WORLD REPORT) This article explains the meaning behind a FICO score in terms of credit approval and relates that the once-secret score will now be available to consumers as of March 2001.
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: Credit-Scoring Secrets Are Soon to Be Revealed, Feb. 5, 2001; pp. 54-56.
"You lost, scoring only 550. Your dutiful neighbor won, with an 800, headed for that five-bedroom manse in the suburbs. Your sister is right on the cusp, with a 620, her loan application sitting in purgatory awaiting further review. This is the world of credit scoring, where a little-know three-digit number called your 'FICO score' pretty much determines whether you'll get the house of your dreams or the car of your fantasies." (U.S. NEWS & WORLD REPORT) This article explains the meaning behind a FICO score in terms of credit approval and relates that the once-secret score will now be available to consumers as of March 2001.
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