FICO score what is it ?

FICO stands for Fair Isaac Credit Operations. Now what does this mean to you ? It determines you credit score which in turns allows you to get credit at the interest rate set by the creditor.


A score can range from 0-900.Some places even say 0-850 . The most acceptable score is above 700.If it falls below 700 you may still get the credit but you will pay a higher interest rate.

How are your scores determined ? They are grouped into 5 categories. Each category make up a percentage of your score.

35 % Payment History
30% Amounts Owed
15% Length of Credit History
10 % Types of Credit Used
10 % New Credit

100 = Your Credit Score

Do you know what your credit score is ?

Many people do not know what their credit score is until they get turned down for credit. What a devistating feeling when your heart is set to buy your dream house,a car or even start a business just to be told you don't qualify.A feeling of hopelessness or helplessnes starts creeping in.You don't know where to go for help.

I know first hand how that feels. I lost my house,my car and my job. No place to go..I did not know where to turn.I thought I could just make a few calls and repair my credit myself..boy was I wrong.It wasn't until I became a Certified Credit Counselor did I really understand what I had to do. I had to spends hours and sending letters. It was nervewracking.

I came across a wonderful company that does credit repair and gives you a personal assistant and financial assistant and so much more.I vowed to myself that if I could help people not go through what I did I would help them .

I am working with a team of dedicated,goal driven individuals who are on a crusade to make a difference in people's lives.Each has their own story to tell.I truly enjoy working from the comfort of my home and having the satisfaction of knowing I am helping others reach their financial destination of financial freedom.

My advice is to obtain your free credit report and see where you stand. Believe you me you do not want to be surprized.