Give yourself some credits
Upcoming SlideShare
Loading in...5
×
 

Give yourself some credits

on

  • 286 views

 

Statistics

Views

Total Views
286
Views on SlideShare
251
Embed Views
35

Actions

Likes
0
Downloads
5
Comments
0

1 Embed 35

http://gitpowerpoint2011.wikispaces.com 35

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

Give yourself some credits Give yourself some credits Presentation Transcript

  • Give Yourself Some Credits
    Understanding Your Credit Report
    John Anthony R. Magto
    Economics 101
  • Credits Report Fundamentals
    Generated by three companies
    Experian, Equifax, TransUnion
    Factors
    How much you owe to each company
    Payment history for each company
    Includes utilities, medical expenses, rent
  • How FICO Is Calculated
    Range – 760 (excellent) to 620 (poor)
    35% - Payment history
    30% - Amounts owed
    15% - Credit history length
    10% - New credit
    10% - Credit types
  • Improve Your FICO Score
    Pay bills on time
    Avoid opening many new accounts
    open only if you intend to use
    Keep balances low
    Less than 25% of credit limit
    Review credit report yearly