It is of prime importance that parents, children, businesses and everyone who uses digital technology understand how crucial it is to have a first line of defense against those who are trying to steal our data. That’s why we need to talk about data privacy and to understand the different ways that we can protect our online presence.
When it comes to the FICO® Score 8, the most widely used credit score in the country, a score of 800 (or higher) signifies excellence.
In FICO terms, a score of 800 or above is “Exceptional” and way above the national average. Borrowers in this range will most likely not have a problem getting credit. Why? Based on history, only about one percent of 800+ credit score holders are likely to become delinquent. Low risk means easier lending.
For some of us it might be an “ugh!” For others a “yay!” It all depends on whether you owe money to the government or it owes money to you. With Tax Day approaching, there are a few deductions you might not know about that we’d like to share – hopefully, they can help change an “ugh!” into a “yay!”
Managing one’s finances can be a challenging undertaking for some people. Lack of time, not being comfortable with money and getting confused by unfamiliar terms and concepts are several reasons why some people avoid this important aspect of their daily lives.
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 on our Understanding FICO Scoring and General Credit Topics threads on the myFICO Forums.
The question this month: “I found out that I don’t have a FICO® Score. What should I do to establish a credit history?”
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.
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.
We’ve all been there… a job loss, medical bills, credit card debt or an unexpected expense. Just one of these situations is all it could take to send us flying into a whirlwind of financial anguish and worry. This ends up affecting our financial and physical well-being and is best to be dealt with on a “sooner rather than later” basis.
Although we have a long way to go before conquering outer space, we should look perhaps a bit closer to our own atmosphere and consider the following: How safe are the contents we store in the cloud? What’s this ‘cloud’ you speak of? Good question.