| Your FICO score is a credit score used by lenders to | | | | However, if you need to raise your FICO score as |
| determine how risky it is to loan you money. The lower | | | | fast as possible, the following tips will help: |
| your FICO score is, the harder it will be for you to get | | | | · Pay your bills on time. |
| approved. This article offers information on how your | | | | · Get your credit card balances below 30% of |
| FICO score affects you, as well as information on | | | | your credit limit. |
| getting a home loan with poor credit. | | | | · Pay off any old negatives that are on your |
| Your FICO score is determined by your borrowing | | | | credit report. |
| record. Things that affect your FICO score include the | | | | Getting a Home Loan with Poor Credit |
| amount of time a credit account has been established, | | | | If your FICO score is less than perfect, and you don't |
| the amount of credit used vs. the amount of credit | | | | have time or the resources to correct matters |
| available, late payments, and negative credit | | | | immediately, all is not lost. In fact, getting a home loan |
| information, such as bankruptcies, collection action, and | | | | with poor credit is becoming easier than ever. Many |
| bad debt write-offs. With just a few blemishes in your | | | | lenders will be willing to work around your credit history |
| credit history, your FICO score can be seriously | | | | and get you the home loan you need to make your |
| tarnished. | | | | property purchase. If one lender tells you no, speak to |
| Raising Your FICO Score | | | | other lenders until you get the approval that you are |
| There is no way to increase your FICO score | | | | looking for. |
| overnight. Credit repair takes time and serious effort. | | | | |