You might not think it, but March has been a great month for consumers, especially in Florida. Yes, fuel prices are up and inflation is high. There have been a few new developments on the state and national level. These developments are game ... READ MORE
Fair Isaac Corporation developed FICO® Score models to rate a consumer’s credit history. Since 1989, the company has developed many different scoring models to sell to lenders and consumers.
A pie chart is often used to explain factors ... READ MORE
Most people are familiar with their credit score, but are you familiar with your credit report? If not, you should be. This is a summary of open and closed accounts over the years, both positive and negative, that creditors and lenders use ... READ MORE
During times of financial uncertainty, it is more important than ever to practice good money management skills. Watch this to learn some best management practices for credit use.
For more information about credit and credit use from the ... READ MORE
Consumers applying for credit are sometimes surprised to find out the credit score they have been tracking is different from the credit score the lenders use to evaluate their loan applications. The truth is, there are many, many different credit ... READ MORE
The three major credit reports agencies – Equifax, TransUnion, & Experian-maintain detailed personal consumer information in your credit reports. When you apply for credit, the lender will pull at least one of those reports to decide whether ... READ MORE
By Shelley Swenson, Extension Agent III, Family and Consumer Sciences UF-IFAS Wakulla County Extension
How often should I check my credit report? First, let’s review a little about credit scores. Credit Scoring is designed to give lenders ... READ MORE
WHAT IS A CREDIT REPORT AND SCORE?
A credit score is a three‐digit number that measures how likely you are to repay a loan on time. It uses information from your credit report to predict the risk of you not paying that loan back 24 months ... READ MORE