Lower Your Cost of Credit
This week, you can
• Understand what a FICO score is and why it’s important
• Correct errors in your credit report
• Learn how to boost your score for cheaper financing
WE ARE DEFINED BY MANY NUMBERS. There’s the powerful Social Security number that can give thieves access to your identity. Are you a member of a union? Do you have a bank account? Do you have investment accounts? All these entities have assigned you a number. I know adults who can tell you their SAT scores even though the test was taken decades ago. But of all the numbers that identify you, your FICO score needs to be near the top of your list.
Your FICO score (developed by the Fair Isaac Corporation) is a snapshot of your credit history and a ...