Ric's Reference Section

        Credit Score (FICO Score)

        Credit scores are the best indicator of a borrower repaying their bills on time. The higher the
        credit ("FICO") score, the more likely loans will be repaid timely. Your FICO score indicates
        your credit risk and lenders will use that score to determine your interest rate. If your score is
        high (above 720), you'll get the best rates available. Maxing out your credit cards or a history
        of late payments can lower your FICO score, which could result in a higher interest rate.

Website designed by www.BaxterImaging.com - Copyright 2005