Credit Score
Credit scores are evaluated to help get these to help with costs
What are loans?
Most important piece of your credit profile and accounts for 35% of your score
What is credit history?
The credit score scale from lowest to highest
What is 300 to 850?
The second most important factor and makes up 30% of your score
What is amounts owed?
Lenders evaluate this to know how likely you are to pay money back
What are debts?
Accounts for 15% of your credit score
What is length of credit history?
The average credit score needed to rent an apartment
What is 638?
Reviews how many sources of borrowing you use and accounts for 10% of your score
What is types of credits?
Five factors that determine your score
What is payment history, amounts owed, length of credit history, types of credit, and new credit?
Takes into account how often you take on credit you don't need and makes up 10% of your score
What is new credit?