You won't have any trouble at all getting a loan but most banks will probably want to issue credit by way of a credit card unless you have some sort of collateral (paid off car, or equity in a home)
In my opinion, the best information out there on this subject is at the myfico website under the education tab. In the upper right, you'll see a link for "What's in your FICO score?" that's the place...
Yes, but it will take some time. 800 is a very high score. Mid 700's will still get you the best rates and can be achieved within a few years. I'm in the high 600's within a few months of Ch7....
How can you have "good credit"????????
IF you don't have any "credit".
Closed accounts are CLOSED, NOT AVAILABLE, ONCE HAD, IN THE PAST, NOT CURRENT CREDIT, ETC.
Yes. There are three (3) credit bureaus and each of them have a different algorithm for computing a credit score. A FICO score is a branded score that comes from Fair Issac Company and is generally...