Foreclosure Help

Increasing your FICO score may take time and often there is no quick fix. FICO scores reflect credit payment patterns over time with an emphasis on recently reported information than older information.  There is good news, your old credit doesn't last forever.  FICO scores range from 300-850, and most people score in the 600s and 700s.  FICO credit scores above 700 are very good and a sign of good financial health. FICO scores below 600 indicate high risk to lenders. If you are looking for a home or car loan, lenders typically practice tiered pricing, with interest rates rising as scores go down.  If lenders have their  best rates offered to borrowers with a score of 700 or higher and yours is a 698, those two points could cost you thousands of dollars. (Read More.....)