The Lotus Blog

In the world of credit scores, there are two things you should know. First, your scores will vary depending on your current credit situation. Second, they are also affected by your ability to pay bills on time. It's true that most lenders use credit scores, but they're not the only ones. The...

If you have been denied a loan or credit card in the past, it is important to understand what your credit scores are so that you can possibly negotiate for better terms now. Your credit scores, also called your FICO scores, can determine many of the things that go into your financial life,...

Credit scores are calculated based on the credit-to-debt ratio in relation to the credit limits available to the applicant. A credit score is also a numerical term reflecting the creditworthiness of an applicant, to reflect his/her creditworthiness in the eyes of creditors and other loan...