Alison Cole asked: Even if FICO scores are used by most financing firms and institutions to determine one’s creditworthiness, one must remember that it is not the sole criteria for being granted credit or loans. It is merely a part of the credit decisions that financial institutions use to determine whether or not one is [...]
Joseph Kenny asked: It is a fact of modern life that credit cards are an increasingly essential financial tool. There are many situations in which if you do not have a credit card, you will either be unable to pay for goods and services, or to take up special promotions. There are also countless more [...]
FinancialSoul asked: Your credit rating or credit score controls your life. Having a normal credit rating of 700 to 750 is really bad when you consider that you can easily pay $200000 more to your lenders in interest over your life. This will kill your retirement dreams.Earl