FICO is nothing more than a “how am I doing at borrowing and paying money back” score.
If you are debt-free your score eventually will go to zero.
Let me say that again. If you owe no one at all, you eventually will have a score of zero.
If you are a millionaire, owe no one, you will have a zero FICO score. To have a FICO score you must owe money. How crazy is this?
More Debt Management
If you are debt-free your score eventually will go to zero.
Let me say that again. If you owe no one at all, you eventually will have a score of zero.
If you are a millionaire, owe no one, you will have a zero FICO score. To have a FICO score you must owe money. How crazy is this?
More Debt Management
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