Seeking Financial Help? Consider these 5 Steps before making a decision.

Managing one’s finances can be a challenging undertaking for some people.  Lack of time, not being comfortable with money...

Ask FICO: No FICO® Score? What should I do?

Ask FICO is a new Q & A column where our credit scoring expert, Tom Quinn answers common credit...

Will FICO® Scores Determine the Super Bowl?

Super Bowl fever is starting to build as Super Bowl Sunday approaches.  As part of the lead-up to the...

2017 New Year’s Resolutions That Could Help Your Credit

New Years is the perfect time to start fresh – change those bad habits into good ones and make...

Why your email account is valuable to hackers

Identity is a funny thing. I used to think I knew exactly what it was made of—Social Security number,...
Personal Finance
Seeking Financial Help? Consider these 5 Steps before making a decision.
FICO Scores & Credit Reports
Ask FICO: No FICO® Score? What should I do?
Credit News & Current Events
Will FICO® Scores Determine the Super Bowl?
Credit News & Current Events
2017 New Year’s Resolutions That Could Help Your Credit
Identity Theft
Why your email account is valuable to hackers
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FICO Scores & Credit Reports

Welcome to the myFICO Blog

We're your source of knowledge for all things credit (and a few other things too). Learn about your FICO Scores and credit reports, plus get expert credit card and loan tips, personal finance advice and more.

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Recent posts

Credit News & Current Events

Will FICO® Scores Determine the Super Bowl?

Super Bowl fever is starting to build as Super Bowl Sunday approaches.  As part of the lead-up to the game, there is a great deal of speculation and analysis (and non-stop media coverage!) on which team will take the title — the Atlanta Falcons or the New England Patriots.

Of course, people are studying stats with obvious relevance to a victory: team performance during the season, comparison of team member “big game” experience and physical strengths/weaknesses, injuries, projected game-day weather conditions, etc. Other much less intuitive data points include the conference in which the team resides, distance travel to Super Bowl host city location, the intensity of the fan base, team colors, local food specialties, even team mascot.

But what about FICO® Scores? Could they offer clues to the final score that determines next Sunday’s winner?

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Credit News & Current Events

2017 New Year’s Resolutions That Could Help Your Credit

New Years is the perfect time to start fresh – change those bad habits into good ones and make this year the best one yet. From healthier eating and more exercising to less spending and wiser budgeting, we’ve all made resolutions that we were determined to keep. Unfortunately, many times our determination runs astray and it’s only a few weeks before we end up right back where we started.

One of the main reasons this happens is the “all or nothing” thinking behind our resolutions. We want to lose weight, so we cut out every single tempting food item only to yearn for it even more than we did before. Our body needs more exercise, so we overdo it to such a degree that the muscle pain makes us dread going to the gym. We decide to stop spending our money frivolously, so we don’t make any enjoyable purchases and quickly become resentful.

It’s knowing where to draw the line and how to make resolutions specific enough to provide direction, but also lenient enough to allow us to still enjoy life.

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Identity Theft

Why your phone number is valuable to hackers

Last time we met, I explained why your email account is valuable to hackers—what value it has and how it could be used to gain access to more of your coveted personally identifiable information (PII) than you might think. But it’s not just your email that hackers want; they want your phone number, too.

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Financing & Loans

Home Equity Line of Credit (HELOC): Facts to Know.

The first thing to know about a HELOC is that it’s not the same as a Home Equity Loan. This is important because many people confuse the two and, in certain aspects, they’re at opposite ends of the lending spectrum.

A Home Equity Loan is similar to your primary mortgage in the sense that it’s set for a specific loan amount to be repaid with fixed monthly payments. (This type of loan is sometimes called a “second mortgage”.) Typically, Home Equity Loan interest rates are fixed and fully amortized.

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Popular posts

Ask FICO: No FICO® Score? What should I do?

Ask FICO is a new Q & A column where our credit scoring expert, Tom Quinn answers common credit score and credit-related questions that you have. Post your questions...

Your debt payoff plan & how it could impact your FICO Scores

There’s an endless supply of theories on how to manage your debt in a healthy, responsible way. Some believe not to get into debt at all while others rack...