In 1989, The FICO SCORE was released to the world by William R. Fair and Earl Isaac, who founded a computer software company. They developed and sold their first credit system back in 1958. FICO (short for the Fair-Isaac Co.) was the first credit-risk model that provided a universal and impartial tool for evaluating consumer risk. The FICO SCORE is…read more →
The Social Security Act (SSA) was signed into law by then-President Theodore Roosevelt on August 14th, 1935. In addition to several provisions for the general welfare, the new Act created a social insurance program designed to pay retired workers aged 65 or older, a continuing income after retirement. As per www.ssa.gov, taxes were collected for the first time in January…read more →
The earliest known documentation of humans drinking coffee is in the middle of the 15th century in the Arabian Peninsula. Coffee beans were found, roasted, and brewed into a drink that Sufis used for religious purposes. It spread across their empire, extending to Africa, Egypt, Syria, and Turkey. Coffee was brought to Europe by the Ottoman Turks in the early…read more →
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