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Understanding your FICO Score pt 2

… Continued from part 1: There are five different categories of data that this information can be grouped into. There are specific percentages that reflect how important each individual category is when it comes to determining your overall FICO score.
New Credit Accounts
This category also includes the number of credit inquiries that have been recent. This [...]

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  • easyWhat is the Best Credit Score? The calculations that are used to arrive at your credit score are actually based on a lot of different statistical data, and they are based on objective evaluations. You receive points based on a number of different unique credit factors. Then, creditors are going to take all of this information......
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Continue reading → Understanding your FICO Score pt 2

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