Credit Scoring … Protecting Your Future and your Capital
CREDIT SCORE! What Does it Mean?
<ul><li>Predicts the statistical chance of a consumer becoming 90 days late or more on a particular loan obligation </li><...
<ul><li>Predicts the statistical chance of a consumer becoming 90 days late or more on a particular loan obligation </li><...
<ul><li>Predicts the statistical chance of a consumer becoming 90 days late or more on a particular loan obligation </li><...
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Credit2

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  1. 1. Credit Scoring … Protecting Your Future and your Capital
  2. 2. CREDIT SCORE! What Does it Mean?
  3. 3. <ul><li>Predicts the statistical chance of a consumer becoming 90 days late or more on a particular loan obligation </li></ul>What Does The Score Mean?
  4. 4. <ul><li>Predicts the statistical chance of a consumer becoming 90 days late or more on a particular loan obligation </li></ul><ul><li>Each score is specific for each bureau </li></ul>What Does The Score Mean?
  5. 5. <ul><li>Predicts the statistical chance of a consumer becoming 90 days late or more on a particular loan obligation </li></ul><ul><li>Each score is specific for each bureau </li></ul><ul><li>Scores range from… </li></ul><ul><li>… 300 to 850 for Classic FICO </li></ul>What Does The Score Mean?

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