Re: How Much Is A Credit Score (FICO) Worth?

"Daniel T." <daniel_t@[EMAIL PROTECTED]
> wrote:

>It seems to me that timely payments on loans increase your FICO while 
>credit use (paying off the cards before interest accrues) does not. 

This doesn't make sense to me.  Why would borrowing money regularly (don't
hair-split the term) and paying it off regularly be bad for your score? 

It shows the ability, willingness, and discipline to handle credit.  It
also
shows an aversion to usurious interest rates, but Fair Isaac doesn't care
about
that.

I haven't had a loan in over ten years, always pay my credit cards in full
each
month, and have a top drawer FICO score.  -- Doug

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