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Post: Tightwad Tuesday, 7/27/2010
Forum: Tightwad Tuesday
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Posted by: smithmary
Original Content:
One of the biggest determinants in qualifying for a loan is your credit score. A borrowers credit history is analyzed using a FICO score, named after Fair Isaac and Company, Inc. Generally, a FICO score below 620 is considered an indication of bad credit. The borrower is then classified as a subprime borrower.
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