Do’s and Don’ts of Credit Best Practices



What’s not on your FICO Score?

Although a FICO score on your credit report has many considerations that are used to determine your credit worthiness, there are many personal items they ignore. U.S. Law prohibits consideration of the following when determining your credit score.

Marital status, national origin, gender, race, religion, the color of your skin, receipt of public assistance, these have no place in the determination of your credit score.

While other scores might, FICO does not consider your age as a factor. Similarly, employment history, employer, date employed, title, your salary and occupation are not used. However it is worth noting that lenders may consider this information as part of their scrutiny.

Follow these Do’d and Don’ts to ensure your credit score maintains a healthy grade.

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