The most common credit score
The most common credit score a franchisor will look at is called the fico score. the fico system was developed by the fair isaacs corporation and went live to the public in 1987. the score is determined from a number of things, including (but not limited to): credit history, loan payments, bankruptcies, ‘pings’ on your account from account activations, address changes, etc. fico scores range from 300-850, anything below 600 is deemed below average. the higher your credit score, the more likely you are to obtain a franchise loan.
The most heavily weighted figures for a fico score are: payment history, length of time with credit, types of credit (unsecured/secured), number of credit inquiries, and your overall credit use (how much of your available debt collectors credit is actually being used). a general rule of thumb is to use no more than 30% of your available credit and to pay in full when a bill is received.
That’s it! that’s the punch-list for skilled representation in a contracting licensing matter. when you go for your free consultation, these are the tasks you need to be listening for when the attorney describes his or her plan for your case. if all of the lawyer’s talk is about hearings – or all about negotiations, or all about any other limited slice of a contractor licensing case – beware and move on. if the proposed agreement for services or retainer agreement doesn’t spell out the entire punch-list, you need to talk further or talk to other lawyers before you sign and surrender a check.
There is still considerable debate and a seemingly ambivalent attitude toward alcohol. organizations like madd and remove intoxicated drivers do not advocate prohibition, but openly oppose drinking and driving.
What she is doing is fraud, and until you are going to put your foot down and prosecute, you will have to live with the bad credit… because.. the only way you can fix this is to prosecute. the only way….