FICO® Score Fundamentals Presented by FICO and brought to you by Freddie Mac and Diversified Resource Network
Good credit is an important part of a consumer’s financial picture. A solid credit history increases the confidence of lenders and creditors when they loan money. When a borrower repays a loan, lenders and creditors are more likely to extend credit again.
Knowing how to use credit wisely can help put a borrower one step closer to homeownership. However, before they can begin to use credit, they’ll first need help establishing it. In this session, you’ll learn about what makes up a FICO® Score and strategies to help consumers make sound financial decisions, improve their knowledge about credit scores and achieve their homeownership goals.
Wednesday, August 19, 2020 1:30 – 3 p.m. ET Cost: FREE Register
What We’ll Cover
– What goes into a FICO Score?
– How is it developed?
– How are reason codes derived?
– What bureau files will not get a FICO Score?
– Why are there different versions of FICO Scores available?
– What is the Score A Better Future program?
Presenter Julie Wooding, FICO Director
As a key subject matter expert in the FICO Scores group, Ms. Wooding works with top-tier lenders in the U.S. to help them evaluate and implement FICO scoring solutions.