1 / 4

Give yourself some Credit

Give yourself some Credit. Understanding Your Credit Report Andie Lasser Economics 101. 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.

artie
Download Presentation

Give yourself some Credit

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Give yourself some Credit Understanding Your Credit Report Andie Lasser Economics 101

  2. 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 Credit Report Fundamentals

  3. Range- 760 (excellent) to 620 (poor) • 35%- Payment history • 30% Amounts owed • 15%- Credit history length • 10%- New credit • 10%- Credit types How FICO is Calculated

  4. 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 Improve your FICO Score

More Related