FICO

(Credit: Christopher Furlong/Getty Images)

Qualifying For A Mortgage Is Easier Now, But Many Factors Affect Loan Approval

Fannie Mae and Freddie Mac, the companies that federally insure the majority of the nation’s mortgages, are relaxing their FICO score requirements, sometimes as low as 620.

08/05/2014

credit cards

Credit ‘Inquiries’ Could Lower Credit Score

When you apply for credit, you authorize those lenders to ask or “inquire” for a copy of your credit report from a credit bureau – which could actually lower your credit score.

01/02/2014

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