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

What is the total resistance in the circuit? (include unit in answer - ohms)
Question 15(multiple choice worth 5 points) (03.05 mc) quantity of jackets price (in whole dollars) total revenue marginal revenue total cost marginal cost prof
what is the value of x?
What is the measure of A? (3y + 27) What is the measure of B? (5y - 3)
What was the purpose to Declare independence
Which sentence best uses punctuation to show hesitation? O A. I have some . . . fantastic news to share. O B. I have some fantastic - news - to share. O C. I ha
describe 10 situaciones cotidianas para ti, donde identifique la región de la corteza cerebral que participó
What does Miss Thomas tell Bud to keep in mind? Why does Bud feel stranger when she tells him this?
The current geologic period, the Quaternary, begin around 1,800,000 years ago. Express this number in scientific notation.
How is the U.S. military restricted by the Third Amendment?