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Stock impact report

Why is good credit so important? [Yahoo! Finance]

Fair Isaac Corporation (FICO) 
Last fair isaac corporation earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: fico.com/en/investor-relations
Company Research Source: Yahoo! Finance
Good credit can lead to lower interest rates, better loan terms and less expensive borrowing costs over time. Maintaining good credit requires responsible credit habits such as paying bills on time and keeping credit utilization low. Regularly check your credit report and dispute any errors that may be negatively impacting your score. The credit scoring system we're familiar with today is still relatively new and was introduced by the Fair Isaac Corporation or FICO in 1989 . So it might be hard to believe that a system the same age as Taylor Swift could have such a large impact on your financial life. If you want to get a mortgage for a house, a student loan to pay for college — or if you just want to charge your lunch on a credit card — you're going to need a lender to extend you a line of credit. And having good credit means you'll pay less to borrow money over time. Before you reap the benefits of good credit, you'll first need to prove you can be trusted to responsibly ma Show less Read more
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