One common standard is the Fair Isaac Companya#39;s credit score, called the F1CO score.-1 Prime borrowers often have scores above 650 on an 800-point scale, whereas subclinic borrowers often have scores from 550 to 650. ... of the borrower should not exceed 28 percent of pretax monthly income and that housing expenses plus olher loan payments should not exceed 36 percent of pretax income.
|Title||:||Recent bank failures and regulatory initiatives|
|Author||:||United States. Congress. House. Committee on Banking and Financial Services|