Irrespective of the source you select, FICO score simulators are the same. These simulators comprise five elements – past payment history, balance owed, length of credit history, amount of new credit, and the type of credit used.
The past payment history comes in as the biggest part of the pie at 35 per cent. Under [...]
Posts on ‘July 3rd, 2005’
Fico Score Simulators
Credit Cards Watch Out When Using Your Credit Card Abroad
Going on holiday or business to Spain, France or Italy this year? Then watch out for a new ploy to overcharge your credit or debt card.
Many restaurateurs and retailers in these countries now have the facility to get you to authorise your bill in euros but then they recharge your card in sterling. That sounds [...]
The Pros and Cons of Cashback Credit Cards
Cashback is a popular incentive offered by many credit card companies. It means that for every dollar you spend, your card issuer will give you back a small percentage, usually in a single payment made once a year. The term cash rebate credit cards is also used to describe this.
The amount paid back is calculated [...]
Monthly Payment vs Monthly Outgo
In this article I am going to explain a principle that people need to understand when they are trying to refinance their home to consolidate their debts and lower how much they spend each month. While it is a seemingly simple principle, many people have a hard time distinguishing the difference between their monthly [...]