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How long does it take to build up a bad FICO score and would it help to pay off old debts?
Wiki User
∙ 16y ago
Anytime you pay off old debts it will in time help your FICO/Credit score. It takes about 2 years of good payment history to off set the negative stuff. Best of luck,
Wiki User
∙ 16y ago
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What does the word fico mean in slang?
"Fico" can be a slang term for a small, insignificant amount of money, derived from the Italian word for fig, which is small. It is often used in a dismissive or belittling way, referring to something as being of little value or relevance.
If you have a low FICO score in the 400s and lots of debt and delinquencies but then you pay off your debts how quickly can you raise your score?
Very slowly. A credit score is difficult to recover.
Where can you find your fico score online?
To find a FICO score online, would would first have to find and contract with a credit bureau that operates online. Most businesses offer FICO along with other credit score checks.
Where can one get their FICO score?
The best place to go on the internet for information regarding their FICO score is the website called myFICO. The site provides everything one would need to know about their FICO score.
Is FICO score and credit score the same thing?
IS FICO AND CREDIT SCORE THE SAME THING? IS FICO AND CREDIT SCORE THE SAME THING?
How can i increase your fico score?
Which action will help increase a low FICO score?
How does 753 fico score rank?
would a credit score of 753 be considered a good credit score?
Can you get a good mortgage rate with a FICO score of 686?
FICO score for mortgageDepends on your definition of "good". You can get a mortgage with 686 score. FICO score over 720 will get you the best mortgage rate.
Is your beacon score and FICA score the same?
A beacon score is just the name given to the equifax branded FICO score. So your FICO score and beacon score will be the same if your FICO score is pulled using your equifax credit report.
How can a FICO credit score be obtained?
A FICO score is obtained with information taken from a person's available credit information. The score is sold by the FICO Company to interested financial institutions.
Is 795 credit score good?
Yes. This score would generally be labled as A or A+. The highest FICO score is 850, so this score is excellent.
What will happen to a low fico score after the 7-yr sol has expired?
If you had a lot of bad debts, then once they fall off your reports your scores should increase.
