Credit Doctor Company - Better Credit for Better Living STAY CONNECTED WITH US   Facebook Page Follow us on Twitter Google+ Page Watch us on YouTube
Call Us Toll Free
Why Us Education Credit Unions Social Credit Pull Be an Affiliate
Credit Management Credit Repair Debt Negotiation
Credit services

How FICO Scores Help You

FICO® Scores give lenders a fast, objective estimate of your credit risk.

Before the use of scoring, the credit granting process could be slow, inconsistent and unfairly biased. Credit scores-especially FICO® Scores, the most widely used credit scores-have made possible big improvements in the credit process.

Because of FICO® Scores:

People can get loans faster.

  FICO® Scores can be delivered almost instantaneously, helping lenders speedup loan approvals. This means that when you apply for credit, you'll get an answer more quickly. Today many credit decisions can be made within minutes-or online, within seconds. Even a mortgage application can be approved in hours instead of weeks for borrowers who score above a lender's "score cutoff". FICO® Scores also allow retail stores, internet sites and other lenders to make "instant credit" decisions.

Credit decisions are fairer.

  Using FICO® Scores, lenders can focus only on the facts related to credit risk, rather than their personal opinions or biases. Factors like your gender, race, religion, nationality and marital status are not considered by FICO® Scores. So when a lender considers your FICO® score, they are getting an evaluation of your credit history that is fair and objective.

Older credit problems count for less.

  If you have had poor credit performance in the past, FICO® Scores don't let that haunt you forever. The impact of past credit problems on your FICO® Score fades as time passes and as recent good payment patterns show up on your credit report. And FICO® Scores weigh any credit problems against the positive information that says you're managing your credit well.



  No. Most lenders use a number of facts to make credit decisions, including your FICO® Score Lenders may look at information such as the amount of debt you can reasonably handle given your income, your employment history, and your credit history. Based on their review of this information, as well as their specific underwriting policies, lenders may extend credit to you although your FICO® Score is low, or decline your request for credit although your FICO® Score is high.
Get started today with our credit services Get started today!
Build Higher Credit Scores
First Name Last Name
Email Re-enter Email
Phone No Method of
Birthday Interested In
  Opt-in for timely text messages about our ongoing promotions.
Credit Management
Credit Repair
Debt Negotiation
Start Now!

Email: support@creditdoctorcompany.com

Call Us: (877) 249-2199       Sitemap

About | Privacy | Resources | Site Map

© 2005-2019 Credit Services Company. All Rights Reserved

Disclaimer: The information provided in this site is not legal advice, but general information on credit report issues commonly encountered Credit Services Company is not a law firm and is not a substitute for an attorney or law firm. Communications between you and Credit Services Company are protected by our Privacy Policy, but are not protected by the attorney-client privilege or work product doctrine. Credit Services Company cannot provide legal advice and can only provide credit repair services at your specific direction, by our terms of agreement. Please note that your access to and use of creditdoctorcompany.com is subject to additional Terms of Use.