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Sep 08 2010

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Victoria Finch

FICO Fact

Filed under Credit Card News,Credit Education,Credit Scoring,Credit Sore,Credit Tip of the Week,Debt Help,Empowerment,FCRA,FICO,Fair Credit Reporting Act,Home Buying,Money Tips,collections,credit,credit report,credit tips,finance

According to FICO the creator of our current credit scoring model, maxing out credit cards can reduce you credit score by as much as 45 points.

Tags: credit, Credit Education, Credit Scoring, credit tip, Empowerment, Fair Credit Reporting Act, Fair Debt Collection Practices Act, FICO, FICO score, finance, home purchase, money, Money Tips, Wealth

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