Credit & Real Estate Pitfall: What is Your FICO?

Last month I blogged about FICO scores, what they were and their importance. A great article by Joe Nocera in the NY Times illustrates the unreasonable power the FICO score can have in today's market place, a place where the pendulum has overcorrected itself far to the right of the market heights. Even if you are not thinking about buying a home, it's more critical than ever to look at and correct an incorrect credit report- before you need to. Mr. Nocera's credit report found him living at his sister's address, not owning the home he lived in and working not at the NY Times but at Rite Aid. A must read.