gabriel4250
gabriel4250 gabriel4250
  • 14-05-2020
  • History
contestada

I NEED HELP PLEASE. How does FICO determine your credit score? What are the percentages?

Respuesta :

tyragoolsby
tyragoolsby tyragoolsby
  • 14-05-2020

Answer:

A FICO score is the number used to determine someone's creditworthiness, your credit score. Financial institutions and lenders use this as a guide to determine how much credit they can offer a borrower and at what interest rate. FICO scores can range from 300 to 850, the higher the number the better.

payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).

Explanation:

Answer Link

Otras preguntas

Which sentence has a correctly placed participial phrase? a. Lasting over four hours, my friends threw a party at an amusement park. b. My friends lasting ove
How did the issue of slavery divide the nation?
the anti-federalist pushed for ?
What map element shows the directions north, south, east and west?
What is 4180 round to the nearest thousand
a main reason that the age of revolutions initially failed to achieve widespread change in some nations of Europe was because?
The scientific theory that describes the beginning of the universe is called the a. Expanding universe theory b. Contracting universe theory c. big bang theor
Solve (12ds)/w=CD for w
12/100 in simplest form
how much does 400 go into 10