PCh1Lab1 - 620 (poor) 35% - Payment history 30% - Amount...

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Click to edit Master subtitle style  6/22/10 Give Yourself Some Credit Understanding Your Credit Report Qi Liang Chen Economics 101
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 6/22/10 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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 6/22/10 How FICO Is Calculated Range –  760  (excellent) to 
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Unformatted text preview: 620 (poor) 35% - Payment history 30% - Amount owed 15% - Credit history length 10% - New credit 10% - Credit types 6/22/10 Improve Your 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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This note was uploaded on 06/21/2010 for the course CIS 3459 taught by Professor Dooley during the Spring '09 term at Pasadena City College.

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PCh1Lab1 - 620 (poor) 35% - Payment history 30% - Amount...

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