What is a good credit score? What affects your credit score? Tips for improving your credit score How to check your credit score Key takeaways FICO and VantageScore credit scores span from 300 to 850. The higher your score, the more likely you are to secure loans, credit cards ...
While the specific formula is proprietary, the FICO model is based on these five main credit score factors: Payment history (35%). Paying your bills on time is not only important to avoid late fees, but also the No. 1 factor to maintain a good FICO score. Indeed, payment history account...
Your credit utilization ratio is a factor in determining your credit score. See how your credit utilization ratio is calculated and how to lower it.
Rocket Mortgageis one of our top picks for acash-out refinance: While most lenders only allow homeowners to tap 80 to 90% of their home equity, Rocket allows borrowers with aminimum FICO scoreof 620 to cash out 100% of their equity. Tax implications of selling your home after a divorce ...