On 6/14/2016 1:06 PM, sf wrote:
> On Tue, 14 Jun 2016 08:34:06 -0400, Nancy Young
> > wrote:
>>
>> The best reason to keep your score in the excellent range is
>> to get lower insurance premiums, or lower interest rates if
>> you do borrow money. Other than that, it's not that important
>> to your life.
>
> That's also how you get those credit cards with 20+ months free
> interest. We put our last cruise on one (not the first time we've
> used that strategy) and will pay it off within the "free interest"
> amount of time. We love the reverse (interest free) loan idea and use
> it + the incentives they offer to our advantage.

Nothing wrong with using their money if they're offering.

>> These days you can get your actual FICO score from some
>> credit cards, it's not the same thing as a credit score,
>> and it's what lenders/etc really are checking.
>>
> Is FICO is the one with scores over 800 and real credit scores top out
> at 800?

FICO goes from 350 - 850, the other score is called FAKO and
the range all depends on who's coming up with it.

nancy