A credit report Virginia

If you get your credit report and see unusual names and can't match them up with any of your accounts, do not hesitate to call the credit bureau that reported it in fact, do it a credit report Virginia immediately. Only if you know who is reporting what can you address the validity of the entry. And of course, if a credit report Virginia you find out "who" and you're not a credit report Virginia familiar with the company, you need to file a protest immediately. You could be looking at a case of stolen identity. Realtors and lenders are almost as bad as computer tech people at tossing out words and phrases you don't understand.

The funny part is, sometimes even they don't know what those words really mean. It's not really a word, a credit report Virginia but the initials that identify the score given to your credit rating. get free online credit report A few Realtors and a a credit report Virginia few lenders have some idea of how those scores are reached, but a credit report Virginia they probably can't tell you what the letters stand for. They're just the initials of a credit report Virginia the Fair Isaac Corporation. So now you're wondering what or who a Fair Isaac is, right?

Bill Fair was an engineer, and Earl Isaac a mathematician. In 1956 they formed a consulting and decision management service, and in 1981 devised the credit scoring system now known as FICO. credit report instantly

Under their system, each of a set of details about a credit report Virginia an individual's financial history is scored and given a weight, based on the past performance of others whose financial a credit report Virginia history is similar on that a credit report Virginia particular detail.

Among other things, the system gives a credit report Virginia a score to: The length of time an individual has had and used credit The Existence of bank accounts The number of recent credit inquiries Debt to income ratio Debt to available credit ratio Bill paying history Lenders believe that by applying this compiled score, they a credit report Virginia know the statistical likelihood that a person will pay his or her debts. It must work, because FICO has become the standard, and this publicly traded company is a giant in the world of finance. see your credit report With over 3,500 employees on 5 continents, FICO has an annual revenue of over a credit report Virginia $800 Million. Contrary to a credit report Virginia what some might believe, FICO is not associated with the government. In addition to providing credit scoring, FICO still provides consulting and management services. If your FICO score is over a credit report Virginia 720, you'll have an easy time getting a loan or at least you would have before the current financial crisis.