Creditors want to loan you money for a Home, Car, Furniture, Personal Line of Credit etc…

But they also want to minimize their own risk. The easiest way to mitigate risk is by using your credit scores to make lending decisions.

Credit scores are compiled separately by three consumer reporting agencies -- Equifax, Experian, and Trans Union. These credit reporting bureaus calculate scores differently, and base their scores on information that may differ from other bureaus.

You may have also heard of the term “FICO”.  FICO is a software company based in San Jose, California and founded by Bill Fair and Earl Isaac in 1956. Its FICO Score, a measure of consumer credit risk, has become a fixture of consumer lending in the…

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Conventional wisdom tells us that any home renovation is a positive thing: money in is money out. Unfortunately, that's not always the case. Some remodeling projects are a better investment than others, and the projects that yield the best return on investment can change from year to year. According to Remodeling Magazine's 2015 Cost vs. Value Report, these five replacement projects will make the greatest percentage impact on the value of your home this year -- accounting for cost-to-value ratio, the key to making smart home improvements with resale in mind: 

1. Roofing Replacement

Roof replacement gives you the biggest bang for your buck in 2015, rising 5.9% over 2014 values at an average cost of $7,740. Roof replacement includes removing the…

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