Does anybody know a site that explains the factoring scores of your credit reports?? I have several factors and I curious as to what they are exactly and how much weight they have. Thanks
www.fairisaac.com Mom, If you visit www.fairisaac.com and click consumer information (top right), you will find the break down and %'s presented for Fair Isaac, inc. Also, if you visit www.creditscoring.com you will find many links to credit scoring site and information. See credit score in the right column.. Happy reading....
Maybe this will help? http://www.loanweb.com/resourceguide/credit_grade_guide.asp?RLID= Just trying to help......pretty good table.
More Info.... http://www.bankturndown.com/fico_scoring.htm --------------------------------------------- What is Considered a Good Score? The magic FICO number is 620. If you score below 620 you are considered to have a very high default risk giving you the possibility of being declined. If you score between 620 & 650 you will be put into a "questionable" category where you will have to provide further documentation to get approved. A score of 650 or above is considered golden or "cream of the crop," and most likely you will be eligible for the best rate on your loan.
