A Personal Finance blog that's filled with fun ways to save money and make money. Topics include: budgeting, saving, credit cards, fico scores, debt relief, kids & money, personal retirement savings, investments, and all types of insurance -- life insurance, health insurance, and auto insurance. Plus lots of money-saving frugal tips! ...
Everyone who uses credit knows what a FICO score is, but have you heard of a FAKO score? FAKO scores are very similar to FICO stores in that they evaluate the creditworthiness of a person. But the term FACO (or FAKO) is used to indicate that the scoring system is not a Fair Isaac Corp (FICO) score, but rather a non -Fair Isaac Corp score. In short, FAKO is a nickname that means fake FICO. Unfortunately, thanks to creative marketing, when people receive a credit score, they often don't realize that the score they're looking at in a credit report is actually a FACO score, rather than a FICO score. Here's what to look for, and how to tell if the credit score you receive is a legit FICO score, or a fake FACO score. ...
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Everyone who uses credit knows what a FICO score is, but have you heard of a FAKO score? FAKO scores are very similar to FICO stores in that they evaluate the creditworthiness of a person. But the term FACO (or FAKO) is used to indicate that the scoring system is not a Fair Isaac Corp (FICO) score, but rather a non -Fair Isaac Corp score. In short, FAKO is a nickname that means fake FICO. Unfortunately, thanks to creative marketing, when people receive a credit score, they often don't realize that the score they're looking at in a credit report is actually a FACO score, rather than a FICO score. Here's what to look for, and how to tell if the credit score you receive is a legit FICO score, or a fake FACO score. ...