Sentences with phrase «type of credit score called»
Not exact matches
The most common type of credit score is called a FICO score which ranges from 300 - 850.
http://www.creditcardeducation.com/
Good credit scores generally qualify you for the best terms and conditions on any type of financing, but mortgage borrowers are subject to what the Fed calls «the minimum FICO rule,» FICO being a popular credit - scoring model.
The type of inquiry that has a negative impact on your credit scores is called a «hard inquiry» and this occurs when you actually apply for credit such as a car loan, credit card, mortgage loan, personal loan, etc..