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 Corp., a credit information service, provides the variables on how lenders approve credit ratings. According to FICO. 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, and Russell Simmons.