Credit Mix and New Credit in FICO Scores

When you’re buying a home with financing, lenders are going to look at your FICO score. Two important parts of that score are your mix of credit and the amount of new credit you have. Here’s the scoop on credit mix and new credit in your FICO score. FICO...

Length of Credit History and Your FICO Score

If you’re buying a home, lenders will look at your FICO score. One of the components of your FICO score is the length of your credit history. Here’s what you need to know about the length of your credit history and your FICO score. FICO Score Breakdown...

What is a FICO Score?

When you’re buying a home, you’ll have to worry about your credit scores and how they’ll impact your interest rates. One of those scores (and perhaps the most important one) is your FICO score. What is a FICO Score? FICO stands for Fair Isaac...