ECONOMICS
CREDIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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credit history
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college education
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number of cards owned
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income to debt ratio
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Detailed explanation-1: -FICO® Scores consider a wide range of information on your credit report. However, they do not consider: Your race, color, religion, national origin, sex and marital status.
Detailed explanation-2: -What’s in my FICO® Scores? FICO Scores are calculated using many different pieces of credit data in your credit report. This data is grouped into five categories: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).
Detailed explanation-3: -Payment history. Payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. Amounts owed. Credit history length. Credit mix. New credit. 31-May-2017