05-02-2007 12:18 PM
Boswd wrote:I agree 100%. What ever happened to teaching econ/finance in schools. Too many people live by the seat of their pants in search of the all elusive American Dream. No one has a saving's account anymore and no one seems to put money away for a rainy day. They live paycheck to paycheck, credit card to credit card and then people wonder why the economy is such a mess. There's no get rich quick out there. It's just hard work, diligence, patience and common sense.I could not agree more.
05-02-2007 01:24 PM
05-02-2007 01:29 PM
05-02-2007 01:33 PM
05-03-2007 09:06 AM - edited 05-03-2007 09:07 AM
05-03-2007 09:20 AM
masdeocho wrote:How is the FICO score at fault? It hasn't changed the basic parameters. It's not like suddenly the score indicates that someone with a 550 score has only a 2% risk of defaulting.
05-03-2007 09:40 AM
05-03-2007 01:06 PM
05-03-2007 05:51 PM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.