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05 Aug |
It’s called FICO 9. That’s the descendant of FICOs 1 through 8, the credit scores spawned from the Fair Isaac Corporation, the credit-scoring company. The FICO score, a number between 300 and 850 that many lenders use to judge the creditworthiness of prospective borrowers. The higher the better for borrowers since a higher score can […] |
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05 Jul |
“It’s not fair!” So goes the mantra of prospective employees and tenants who have been turned down for employment or renting because of poor credit. Is it fair? What I used to ask my children when they said that was “Why isn’t it fair?” They stopped asking soon after that. Looking at the responses of […] |
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05 Jun |
The US Department of Labor offers the following statistics: 53% of all job applications contain inaccurate information. 49% of the 3,100 hiring managers surveyed had caught a job applicant fabricating some part of his/her resume. 34% of all application forms contain outright lies about experience, education, and ability to perform essential functions on the job. […] |
