.comment-link {margin-left:.6em;}


The www.FedPrimeRate.com Personal Finance Blog and Magazine

Wednesday, March 15, 2006

My FICO Credit Score Rebounds As A New Credit Rating System -- VantageScore -- Debuts

I checked my FICO credit score a few days ago, and I'm happy to report that I am back in 700 territory--709 to be exact--so that's pretty good news. I recently used a Citibank 2.99% APR balance transfer offer (again!) to consolidate my credit card debt and save on interest charges. I was tempted to use a 0% APR balance transfer offer from Discover Card, as they are currently offering an interest-free period on transferred balances until June 2007, but opening a new credit account isn't a good idea for my situation right now, so the 2.99% offer from Citibank will have to do.

Are you ready for a new credit rating system? Well, ready or not, it's here. It's called VantageScore, and it's form the folks at TransUnion. Click here for more details about VantageScore.

--> www.FedPrimeRate.com Privacy Policy <--

--> SITEMAP <--


Post a Comment

<< Home



Entire website copyright © 2024 FedPrimeRate.comSM

This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.