5 Areas that Matter to the Credit Bureaus’ scoring modules!
Thursday, January 8th, 2009 at
6:00 am
There are 5 areas of importance in the scoring modules of the credit bureaus.
They are:
1 – Bill payment history – 35% of your score is attributed to this section.
2 – Account Balances – 30% of your score is attributed to this section.
3 – Length of time opened – 15% of your score is attributed to this section.
4 – New Accounts – 10% of your score is attributed to this section.
5 – Types of credit used – 10% of your score is attributed to this section.
Come back and you will learn more about each area.
Tagged with: credit bureau • credit scoring modules
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