Vectors and 3D Models
Local Search - Finance
Weather Information
Get the App for Smartphones and Tablets

Go Back

WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch

Page Generation Date and Time:
12/06/2019 16:09:52

Free the Animation VR / AR
Play to reveal 3D images and 3D models!
Demonstration A-Frame / Multiplayer
Android app on Google Play
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!

Alexa Data

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:

With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News -
The Daily Files -
All the Directory Files -

Web version of feeds:
Podcast Music -
Daily Files -

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game

You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
Dynasty StreetGoosehead RacingBad BoyChrono PuzzleThe Strangers 2

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows

Article Keyword Videos to Watch
Click on the image to start the video.

Related Topics
Images - Links - Articles

Los Angeles

Related Images

Article Category Videos to Watch
Go to the Videos Pages

The Meaning Of A Credit Score

The credit score measures the financial credit worthiness of a borrower. With credit score information, the lender assesses the risk involve in lending sum of money to the borrower. The Credit Bureaus and Fair Isaac Corporation closely guards the mathematical calculations. The calculations involve the analysis of large financial data. And, the public may not know how the Credit Bureaus and Fair Isaac Corporation arrive to the score. Anyways, the calculations are too difficult for the public to understand.

The lender will know how much loans, down payment, fees, interest rates, and terms to offer to the borrower thru credit scores. The borrower receives better interest rates and lesser fees with a higher the credit score.

Credit Score of Fair Isaac Corporation

Fair Isaac Corporation is also known as FICO. FICO provides the best known indicator of financial credit worthiness to lending institutions. The FICO credit score ranges from 300 to 850. A credit score of 660 puts the borrower as potentially Subprime where are borrower with blemished and limited credit history. A higher credit score indicates better financial credit worthiness.

Most borrowers average from 600 to 800 credit score. Lending institution favors above 720 of credit score. In the United States, the borrower averages 680 of credit score.

The credit score represents 35% punctuality of payments, 30% amount of credit used, 15% length of credit history, 10% types of credit used, and 10% the frequency of credit application.

Credit Score of Credit Bureau

In the United States, the three main credit bureaus are Equifax, Experian, and TransUnion. The Equifax, Experian, and TransUnion can provide credit report to any individual once a year. The credit report shows the financial history of an individual.

The credit bureaus created their own credit score. The credit score ranges between 0 to 100%. The higher scores look better for lenders. Usually, the scores fall between 60 to 70%.

The final thoughts

The credit score does not include the age, race, job, income, education, religion, origin, and marital status into the equation. The Equal Credit Opportunity Act prohibits the use of age, race, job, income, education, religion, origin, and marital status to determine the financial credit worthiness.

The late payments on loans, absence of credit preferences, lack of credit history, and uncontrollable use of credit cards brings the credit score down. Without a credit history, the lenders would not know how the borrower handles their finances.

About the Author: Dennis Estrada is a webmaster of mortgage calculators and mortgage dictionary website that gives access to many resources, and calculators for mortgage.

Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2019 WhmSoft - All Rights Reserved.