In the U.S., there is a three-digit number that helps determine how much you pay for credit, which can affect virtually all expenses in your life. It's called a credit score, and it's totally unique to you.
div > div.group > p:first-child"> Many U.S. lenders use one type of credit score called the"FICO score." FICO — or Fair Isaac Corp. — was the first company to translate all your credit history into a single three-digit number that predicts how likely you are to default on your bills. The number helps lenders decide how much of a credit risk you are. Watch this video to find out more about your FICO score.
acorns A great credit score can get you massive benefits across the economy.
acorns Yooo, whats this shit
acorns 717.
acorns I don’t care what my score is. Pay cash and don’t borrow. DaveRamsey
acorns The best thing to do is not to have credit cards... Live free of the burden of them!
acorns A completely bull shit system to enslave consumers with no basis in facts. You can have several million in assets, and never have missed a payment in your life but never achieve an 800 credit rating.
acorns
acorns No I don't actually, then again I'm not a debt slave, I do without if I can't pay for it. When I do have spare change I buy bitcoin and XRP
acorns No it doesnt. Perfectly great credit risks are given low scores they've never deserved. Everyone with a decent credit history has gotten slammed by these unregulated credit reporting agencies. The consumer is mostly powerless to have changes made...for any reason.
acorns Total debts and payment history is extremely important. If a person misses a payment that will hurt there credit score. I did once back five years ago or so, and never let that happen again.
acorns I don't know why I can't get mine to go higher than 850....
acorns it can potentially be really cool. like 'alt coins' or candy crush.
acorns Fico needs..
acorns The lenders themselves default and need bailing out.
acorns There is no power to go down probing the end of the word of doomday especially if you do not needs to push and push a little bit of experts to judge
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Source: BusinessInsider - 🏆 729. / 51 Read more »