Photo by Andrey_Popov / Shutterstock.com If you don’t already know your credit score, now is the time to find out. FICO, a major provider of credit scores, has unveiled a new formula that might negatively impact some consumer scores. As COVID-19 plunges the country into what is almost surely going …
Read More »Most People Don’t Know This Key Fact About Credit Scores
Photo by Dean Drobot / Shutterstock.com The single most important factor in determining your credit score is your payment history. Pay on time, and your score soars. Miss payments, and the score will sink. Yet, 62% of Americans are in the dark about the fact that their payment history impacts …
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