The average deal size has increased by 28 %, primarily because we help these organizations serve hard - to - fit borrowers such as those with bad credit, low
FICA scores or a large amount of debt.
We also help them find the right product for the right person to suit all kinds of customer motivations and
FICA scores.
FICA scores range from 300 - 850, the closer to 850 the better the person's score and the better the interest rates the person will receive.
Unlike most business lenders, SoMoLend doesn't rely heavily on
FICA scores.
And contrary to what you may have heard or read, it is not called a «
FICA score» (there's no such thing as a
FICA score, even though tons of people are looking around for theirs).
A clean credit history with a solid
FICA score will help you secure lower rates on your renters insurance plan, because good credit positions you as a lower risk to insure.
Not exact matches
The reason... Your
FICA Credit
Score is 560.
Your credit history and
FICA credit
score will play a large role in determining your down payment, interest rate and mortgage loan terms.