Wednesday, January 14, 2009

free annual credit report online

What Is the Reach of Possible FICO Credit Myriad and What Complete They Niggard?

FICO credit host span between 300 and 850. Ratings are whereas follows:

~ Fine: Over 750
~ Bare First-class: 720 or major
~ Acceptable: 660 to 720
~ Uncertain: 620 to 660
~ Breakneck: less than 620

How Is My FICO Credit Score Calculated?

The routine used to calculate your FICO credit score includes ammo based on several factors:

~ 35 % on your payment history
~ 30 % on the amount you currently owe lenders
~ 15 % on the roll of your credit history
~ 10 % on the figure of unused credit accounts you ' ve opened or profitable for ( fewer is bigger )
~ 10 % on the compound of credit accounts you posses ( mortgages, credit cards, member loans, etc. )

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