What will determine your credit score and what causes it to go up and down?
Being fairly new to credit than most basic concepts. When comes to credit score but I keep hearing different stories. What is really going to find your credit score and lowers ask to know what it is?
Too many factors go into determining your credit score. There is no equation to determine it. Go to http://www.myfico.com/ # aboutscores / This illustrates the following: Payment History - 35% Amounts owed - 30% Length of credit history - 15% credit New - 10% Types of credit used - 10%
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