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Transcribed

How Your Credit Score is Calculated

CREDIT SCORE HOW YOUR CREDIT SCOREISCALCULATED WHAT FACTORS ARE USED TO CALCULATE YOUR CREDIT SCORE? NEW PAY MENT HISTORY AMOUNTS OWED LENGTH OF CREDIT HISTORY NEW CREDIT TYPES OF CREDITUSED Your Credit WHERE IS THE INFORMATION FOR THESE CATEGORIES COLLECTED? Report PUBLIC RECORDS GATHERED BY LENDING INSTITUTIONS HOW MUCH EMPHASIS IS BASED ON EACH CATEGORY? 35% 30% 15% 10% 10% PAΥΜΕNT HISTORY AMOUNTS OWED LENGTH OF CREDIT HISTORY NEW CREDIT TYPES OF CREDITUSED For more USEFUL REAL ESTATE INFO check out www.sellingwarnerrobins.com ©Anita Clark Realtor Source: http://sellingwarnerrobins.com/2014/01/how-your-credit-score-is-calculated/ %24

How Your Credit Score is Calculated

shared by anitaclark on Feb 17
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If you understand how your credit score is calculated, you not only gain insight into the overall process, but can start making strides to improving your overall score.

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Economy
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