Credit Scores
What percentage of your credit is determined by "New Credit"?
10%
How many sections are on a credit report?
4
Monitor your account
Do
What percentage of your credit is determined by "Types of credit in use"?
10%
What is the website that consumers are allowed to check their credit reports for free from each of the three credit bureaus?
Apply for too many credit cards or lines of credit
Don't
What percentage of your credit is determined by "Length of credit history"?
15%
Name the 4 sections on the credit report.
1. Personal information
2. Credit history
3. Public records
4. Credit
Use all your credit
Don't
What percentage of your credit is determined by "Amounts owed"?
30%
What are three major credit bureaus?
Experian, Equifax and TransUnion
Pay your bills in full
Do
What percentage of your credit is determined by "Payment history"?
35%
True or False: A good credit history can affect you getting insurance or job.
True!
Close accounts because you aren’t using them
Don't