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What is a Good Score? (Think about this question and select the best answer from the options below).
How often do Credit Scores Change?
Look at the options below: From this list, what would drop a credit score the most? It could drop a score 20 to 100 points.
To have a great score, How many good revolving accounts should one have?
Let’s say that you have a credit card with a small credit limit of $250. The current balance of $150. However, you pay the balance off each month in full when the statements comes. Can this be a factor in a utilization ratio that will affect a credit score?
What is the best way to improve a credit score?
What information is used to calculate a credit score?
What is VantageScore?
What are the 5 main elements of a FICO SCORE?
In a FICO Score Model, “Payment History” is what Percentage of a score?
In a FICO Score Model, “Credit use” is what Percentage of a score?
In a FICO Score Model, “Length of credit history” is what Percentage of a score?
In a FICO Score Model, “Type of credit” is what Percentage of a score?
In a FICO Score Model, “Inquires” are what Percentage of a score?
What is an Authorized User? Can it affect a credit score? Please note that there could more than one right answer.
When interest rate shopping, How does these inquires affect a credit score?
AÂ Tenant Screening has what type of effect on a credit score?
What is the maximum possible FICO credit score?
When was the automatic scoring system created that eventually became known as the FICO score?
Who created the FICO scoring system?
What is Bucketing?
Who benefits from the bucketing system?
How does New Credit affects a score?
How many points will a Foreclosures cost a credit score?
What happens when a customer walks-Away from a mortgage and it is reported as a Foreclosure with Prejudice and how many points will it cause a score to drop?
Mortgages are commonly credit score driven, with exceptions. What is this exception?
If you have a Collections, Judgments, or Liens, what are the guidelines for Fannie Mae, Freddie Mac, FHA and VA for obtaining a mortgage.
What are Bankruptcy Credit Guidelines for obtaining a mortgage
What is The Predictive Score model?
How long your various accounts have been open counts for about 15 percent of your total FICOÂ score. The scoring system weighs two considerations:Â What are these two options?
What is one way to bump up the average age of your accounts to increase your FICO score?
Base FICO Scores, such as FICO Score 8, are designed to predict the likelihood of not paying as agreed in the future on any credit obligation, but What are  Industry-specific FICO Scores?
FICO announced that it was partnering with Equifax and LexisNexis to gather
data about consumers’ past payments on utility and cellphone bills, as well as how frequently they change addresses. What are FICO plans in using this data?
Sending letters to intimidate Original Creditors, Collections Agencies and CRA is actually a waste of time, Why?
What is the difference between payment history and credit history?
When items are removed from a credit report after being disputed, Can they reappear in the credit file?
What conditional reasons below that one can obtain a Free credit report?
What does Credit utilization rate means?
What does Account Condition means?
How can of affect an IRS inquiry has on a credit decision?
Does the credit formula treat all credit inquiries the same?
What are the considerations that the scoring model takes into account?
A secured installment loan involves what?
What is an unsecured loan?
Your credit payment history counts for 35% of your credit score. The FICO algorithm takes three things into account when evaluating this factor, what are these three things?
Approximately 30 percent of your credit score is calculated by weighing how much of your available credit you actually use . It’s almost as important as your payment history. The scoring system’s main concern is what?
What is a credit bureau risk score?
Retail Credit Scoring Models have two common features what are they?
Indicators that Are Typically Important in Retail Credit Scoring Models are what?