The reality of credit ratings.Over the years, BLACK ENTERPRISE has encouraged our readers to be conscious consumers who focus on retaining exceptional credit, making intelligent investment decisions, and exploring other financial and entrepreneurial endeavors. It is important for consumers to remember that people with great credit scores have more power to negotiate for better rates. Consumers with flawed credit scores can still get financing but are likely to be subjected to higher interest rates. Next month, we look at how people who want to improve their credit can obtain an Al credit score. While few people have a perfect score, it may not be as difficult to reach as you might think. Fair Isaac Fair Isaac Corporation (NYSE: FIC), founded in 1956 by engineer Bill Fair and mathematician Earl Isaac, provides consulting services and enterprise decision management systems. Corp., a credit information service, provides the variables on how lenders approve credit ratings. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. FICO FICO See: Financing corporation . individuals have three scores, one for each credit bureau. We will help readers understand how FICO scores work. Also in our upcoming issue, we examine the approaching presidential election and why it is important for voters to understand the impact of their choice. BE focuses on the candidates, discusses how African Americans are affected, and closely examines the Bush administration's record on issues. In examining both candidates, we also take a look at political activists, including Cornell West, Kweisi Mfume Kweisi Mfume (born Frizzell Gerald Gray, October 24, 1948 in Baltimore, Maryland) is the former President/CEO of the National Association for the Advancement of Colored People (NAACP), as well as a five-term Democratic Congressman from Maryland's 7th congressional district, , and Russell Simmons Russell Simmons (born October 4 ,1957 in Queens, New York), is an American entrepreneur, the co-founder, with Rick Rubin, of the pioneering hip-hop label Def Jam, founder of another label, Russell Simmons Music Group, and creator of the clothing fashion line Phat Farm. . |
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