Category: Credit Score

Do kids even have credit scores and credit reports?..

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FICO (also known as Fair Isaac Corporation) proclaims that 90% of lenders use the FICO score for their lending decisions...

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There are a few situations in a person’s life that can lead to their credit being “unscorable.” Essentially, they don’t have anything that credit agencies can use to determine credit risk – and so, they are unable to produce a credit score for the individual...

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