03.03.2022 - FICO
Comments
Another fantastic session from Tiffany. This is a must for anyone truly interested in learning how credit scores work.
The Latest Ideas on FICO Credit Scores from Expert Tiffany Cross
Presented by Tiffany Cross,
This session feature an in-depth review of the 5 factors that are used to calculate one's credit score.
Here are ideas that the attendees learned from Tiffany:
| Great insights into how the scoring and repair process work now |
| New- rental history, Resilience score and suggestion to pay off credit cards that report end of month, twice a month so that high utilization not reflected. |
| Timing of when credit card companies and banks/lenders report balances to credit reporting agencies each month as a potential factor that affects credit scores. |
| Factors that make up credit score and strategies to increase score; what to do when depending on objective. |
| Hadn't heard about Credit Resilience Score. |
| I really enjoyed her points about the utilization strategies and the differences between "Vantage" and "FICO" scores and where each is most applicable. |
| To pay off debt or close credit cards will lower your FICO score. |
| Loved updates on the don't learn it the hard way or Credit card early payoff tricks |
| - Installment loans paid off lowers credit score - Resilience score |
Attendees Comments:
Another fantastic session from Tiffany. This is a must for anyone truly interested in learning how credit scores work.
