Want your teen to learn to use credit without risking a debt dilemma? Get a credit card with training wheels.
How can knowing your FICO® score help you get through the current credit crunch? By understanding how credit scoring works, you can take the right actions to improve your credit health. Find out how in this short video from Fair Isaac, the creators of the FICO® score that is used in most lending decisions in the US Youll learn how the kind of information at www.myFICO.com can help you avoid credit mistakes that will hurt your score, and how Fair Isaac is helping consumers learn about scores through programs like the Scores on Statements initiative. Darcy Sullivan of Fair Isaac interviews Shon Dellinger, Fair Isaac vice president of consumer solutions, for this Fair Isaac Tech Talk. www.fairisaac.com/techtalk
If you borrow money, you probably know that your credit score is important. The company behind credit scoring, Fair Issac, recently announced changes in the way they’ll soon be doing it.