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The Truth About What Is Not Factored Into Your FICO Credit Score

Many people who are interested in repairing or maintaining their FICO credit scores are concerned about every piece of mail that arrives at their doorstep. The reality is, however, that many factors are not considered when your credit score is determined. Next time, before you worry, be sure to check if your concern is even calculated into your FICO credit rating. A FICO credit score does not factor in any of the following information:
  • Age
  • Race
  • Religion
  • National Origin
  • Gender
  • Marital Status
  • Salary
  • Occupation
  • Title
  • Employer
  • Employment Start Date
  • Employment History
  • Residence Location
  • Interest Rates From Existing Accounts
  • Child/Family Support Obligations
  • Rental Agreements
  • Promotional Inquiries
  • Credit Counseling Participation
Remember, a lender may or may not consider some of these factors on a case-by-case basis, but your FICO credit score will not be affected by the factors above.

The Importance of Your Credit Score Fico Information

Having a good credit score is a great way to save money and enjoy the ability to take out a loan, but it can be devastating for those with low credit who end up with outrageous interest charges.

How Debt Consolidation Can Actually Improve Your Credit Score

Debt consolidation is one approach to coping with overwhelming debt, but don't confuse it with debt settlement, debt negotiation, debt management or bankruptcy. It's different. And unlike those other approaches or bankruptcy, debt consolidation--done properly--can actually help rather than hurt your credit score!

Your Credit Score: FICO Plans to Eliminate Authorized Credit Card User Accounts - Part 3

For years young adults with no credit history, limited credit history or blemished credit history have worked around the problem by having someone with good credit—usually a parent, spouse or good friend—added as an authorized user to their credit card. All of this is about to end as Fair Isaac (the developer of the FICO credit score) will create a new scoring formula to eliminate the authorized user tactic.

Your FICO and Credit Score Explained

A simple explanation of how your FICO and credit scores are calculated and used. These scores are very important numbers if you decide to apply for a loan or credit card. Lenders use them as a tool to decide whether or not they will give you a loan and how your interest will be calculated.

Unsecured Loans Your Solution to an Improved Credit Score

A bad credit score used to make it impossible for individuals and families to borrow money for home and car financing. Today, there are several companies which not only give individuals with bad credit unsecured loans but actually cater to people who have extremely low credit scores.

How to Improve Your FICO Credit Score

Having a good credit score is more important than having cash. In this article I give you some proven strategies to improve your credit score.

FICO Scores And Need For Credit Repair

Very often people get to realize that they need to take up credit repair steps when their application for a loan is turned down. This is not quite desirable. We need to dispel our ignorance and learn up about our credit position and credit score for managing our credit better.

Importance Of Credit Score In The Credit Report

Credit scores and credit reports are often confused to be the same. Let's just get rid of this wrong idea. Precisely the credit report places the record of your credit or financial position but credit score evaluates this position. To begin with, you must get this basic difference clear.

How Bankruptcy Effects Your Credit Score

Credit Tips.