For a number that helps determine so many things in our lives, we consumers know surprisingly little about how our credit scores are calculated. More closely guarded than the secret recipe for Coca Cola, the FICO formula was first developed in 1956 by two math gurus, Bill Fair and Earl Isaac, to help lenders determine the creditworthiness of potential customers. Back then, they created a different...
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- January 6, 2015 on How to Declutter Your Credit Report
- December 24, 2014 on College credit card offers: Out of the Frying Pan and into the Fire!