691 - 620 (poor) 35% - Payment history 30% - Amounts owed...

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Click to edit Master subtitle style  10/5/09 Give Yourself Some Credit Understanding Your Credit Report Amanda Timmerman Economics
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 10/5/09 Credit Report Fundamentals Generated by three companies Experian, Equifax, TransUnion Factors How much you owe to each company Payment history for each company Includes utilities, medical expenses, rent
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 10/5/09 How FICO Is Calculated Range –  760  (excellent) to 
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Unformatted text preview: 620 (poor) 35% - Payment history 30% - Amounts owed 15% - Credit history length 10% - New credit 10% - Credit types 10/5/09 Improve you FICO Score Pay bills on time Avoid opening many new accounts Open only if you intend to use Keep balances low Less than 25% of credit limit Review credit report yearly...
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691 - 620 (poor) 35% - Payment history 30% - Amounts owed...

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