Credit and What you should know about it

Credit is one strange animal.

If you are blessed with a good FICO score (700 and up) you can go and tons of money just on that. Sign and drive.

If you don’t know anything about it then you will learn a lot about when you start selling your houses when prospects start flooding you voice mail wanting to buy your home. But all of them will not have good enough credit to buy your home.

If you are doing Lease Options in Michigan to flip your houses – you still need to know about credit to make sure that 12 months from today they will be able to buy it.

So one way or another – credit or more importantly what makes FICO sing its song is important to know.

One of the best quickie resource on the Internet is at Fair Isaac and Co’s website – these are the folks who invented the whole mess of FICO in the first place.