Why An Individual Can Have A Bad Credit Score

Why An Individual Can Have A Bad Credit Score
Ways to start rebuilding your credit score
There are many reasons why an individual can have a bad credit rating. Common reasons include a loss of employment , medical bills and a divorce.
Whatever the reasons are in your life, if you have gone through a period of time in your life that has left you with a bad credit rating, there are several
things you can do to begin to build your credit rating back up.
First understand the major factors used to calculate credit ratings
Although there are different ways a lender will calculate a credit score, the basic credit score that people use is called a FICO score, and this is
developed from four criteria. One is payment history. This is followed by your credit to debt ratio, and the final two are the length of your credit history
as well as the type of credit you have. In order to build up a better credit rating, you will need to address issues that relate to these four factors.
Look at your credit report
The first thing you need to do is look at your credit report. There is really nothing stopping you from doing this because your can get a Free Credit
Report. Once you get your report, you need to sit down and look at it carefully. There are, however, three credit agencies: Equifax, Experian and
TransUnion. It is possible that your credit report could be different from one agency to the other. This is because not every lender reports to all three
agencies, but even when they show differences, overall, they will be close to each
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How Scores Are Calculated And How We Can Use Them ! Essay
New blog post about how scores are calculated... and how we can use them! After reading Salkind Chapter 5, I was surprised to see that I knew
very little about how scores are calculated. A large percentage of this chapter was new to me. For example, I had no idea how to calculate
percentile. Additionally, the terms quartile, decile, and stanines were new to me. Finally, I have heard of z scores and t scores. However, prior to
reading this chapter, I was unaware of how they were used. Several of the terms defined in this chapter I was familiar with include raw scores,
norm–reference scores, criterion–reference scores, and percentile ranks. I really like how Salkind presents the information in this chapter. Salkind
defines several terms throughout the chapter and identifies how this information can be used to make decisions. Furthermore, Salkind identifies what
is to "love" and what is "not to love" about using a specific score. I found this information helpful when understanding the limitations of using a
particular score to make decisions about student performance. For the majority of the chapter, Salkind identifies several types of normed scores
including percentile ranks, stanine scores, standard (fare) scores, z scores, normalized standard scores, and t scores. He concludes the chapter by
discussing the standard error of measurement (SEM). In chapter 5, Salkind addresses the issue of test scores, what they mean and how we can use
them. Salkins defines a raw

Benefits Of A Good Credit Score
Having a good credit score is one of the best matters one can involve themselves in. Good credit can ensure that one are able to pay for just about
anything. From a new car to somebody's first house, it can make or ruin anyone. Due to the importance of good credit, students frequently take
advantage of their college years as a valuable chance to glimpse into adulthood by beginning their steps toward increasing that score. Considering the
rising costs of tuition and the steep price of textbooks, it is not uncommon to be incapable of paying for everything immediately. That is where credit
comes it.
Credit score is a simple concept. It's a number that represents how often a person pays off debts they owe from using a credit card. A credit card
(different an a debit card), does not take money from its owner. Instead, the owner is borrowing money it. At the end of the month, people receive
bills from everywhere they owe money. If people can pay them all off, their credit score will rise as a result. On the other hand, if they fail to pay, that
number drops. Once a payment is missed, a person's credit score will receive a blow that will often be very troublesome to overcome. The higher the
credit score is, the more trustworthy people come across are to salespeople. 800 is a perfect credit score, and what people strive towards. The college
years are a perfect time to establish credit, as it is the first time in their life where students realize that they will eventually need

Fico Score Research Paper
When somebody has a foundation checked by awful credit, odds are they will pay a much higher interest rate for an auto, contracts, and so on. At
the point when applying for Mastercards with poor credit, in all likelihood your possibility of getting endorsed is extensively less. Applying for
cards that can expand your FICO score is the better decision. The vital thing that you need to do is to get a Visa that is particularly for poor FICO
rating and when applying for any sort of card you should completely read the fine print. Whether you are scanning for a secured and an unsecured
card which will rely on upon how poor your money related record may be. With an interest rate that is arranged high for terrible credit with a set up
charge and a yearly expense showed in the fine print. Thusly, this card will cost things being what they are about $100 reliably and when you look...
Show more content on Helpwriting.net ...
They can reproduce your credit in the occasion you pay your bills on time dependably. These managing an account associations send your
installment record to the credit reporting organizations and after some time, this will help raise your FICO score. Verify you read the fine print
when apply for these cards for building credit. The Visa, MasterCard or other Logo will be indicated on these secured cards. Use these cards to
make buys, can remake any future broad credits, for occurrence, for a home load or when purchasing an auto. Eventually verifying you read the
fine print on each card you consider applying for. A noteworthy number of these cards will be covered with a colossal cost that you will be charged
in the fine print. They will charge ludicrous yearly expenses and charges to set the card up. This infers when you get your card with a farthest point
of $300 by and large, which leaves alongside zero room on the card to make a

Net Promoter Score Is A Customer Loyalty Metric
Introduction to Net Promoter Score
Net Promoter Score Defined
The Net Promoter Score is a customer loyalty metric that is used to gauge the loyalty of an organization 's customer relationships by asking how likely
the customer is to recommend the organization to others. It serves as either an alternative or a supplement to traditional customer satisfaction surveys
and is often correlated with revenue growth. NPS measures both customer satisfaction and brand loyalty.
How NPS is calculated
NPS defines customers as either Detractors (actively warning against the brand) or Promoters (actively recommending the brand) on a scale from –100
to +100. A quick primer in analyzingNet Promoter Score:
–100Detractors
–50Poor score
0Average/good
+50Excellent score
+100Promoters
Ratings close to –100 indicate a large number of detractors to the organization, while scores close to +100 indicate a large number of active brand
promoters. Any positive score is good, and generally, scores above +50 are considered excellent on the scale.
The origins of NPS
Out of a desire to understand what would stimulate and sustain an organization 's growth, Fred Reichheld and a team from Bain & Company launched
a research project that would help them determine a means of understanding how customer feelings and affinities affect actual behavior, beyond basic
customer satisfaction surveys.
Working with data supplied by Sat metrix, Reichheld 's team tested several questions to see how

Outline Of An Informative Speech On Film Scores
SPC 2608 INFORMATIVE FULL SPEAKING OUTLINE
SPEECH TITLE: Film Scores 101
SPECIFIC PURPOSE: My purpose is to inform my audience about the history of film scores, how they are made, and how film scores have changed
recently because of technology.
CENTRAL IDEA/THESIS: Film scores are an undoubtedly important part of the movie watching experience, however you may not know about how
they were first introduced, the process it takes to make them, or how they have changed over time.
INTRODUCTION:
1.GET ATTENTION: {Listen to Jaws Theme} Many people as soon as they hear that ominous and menacing piece of music, immediately think of the
iconic 1975 thriller classic known as Jaws. And by chance if you did not recognize the Jaws theme, there are plenty of other iconic film scores that you
would recognize.
2.CLEARLY REVEAL TOPIC: I am here today to inform you about some things you many have not known about how your favorite film scores came
to be.
3.LISTENER RELEVANCE: Since film scores are such an important part of movies, it makes sense to learn a little bit more about them.
4.ESTABLISH CREDIBILITY: I spend a lot of time listening to scores while I study, so one day I decided to actually learn how my favorites were
made. I've spent a considerable amount of time researching the topic since.
5.PREVIEW MAIN POINTS: Today I would like to share with you some of the history of film scores, how they are made, and how scores have
evolved in more recent times due to advances in

Credit Score Benefits
In case you've ever wondered how your bank or other organizations decide whether to give you a credit card, extend you a loan or even grant you a
mortgage, it's simple. They can determine if you are creditworthy by scoring you based on how well you've dealt with money and your monetary
obligations in the past.
In short, if you've defaulted on your rent or loans, have a bad credit history or regularly fail to make payments on time, you may be denied further
credit or even fail to get that apartment you wanted to lease. The figure they get from their calculations and use to rate you is known as your credit score
– and the higher it is, the better.
Your credit score helps them to determine the likelihood of you actually paying back any money... Show more content on Helpwriting.net ...
Logically one would assume there should be no correlation between your faithfullness in financial matters and wrecking your vehicle. Indeed, the states
of Massachusests, Hawaii and California in the USA do not permit car insurance companies to consider your credit scores or use them to inflate your
premiums in this way.
Surprisingly enough however, while it's not really clear why this is so, it's been found that drivers with high credit scores do tend to be safer drivers
and therefore save auto insurers money. The problem however, is that while it's clear that your credit score does have an impact, it's quite difficult to
tell how big an impact it is and how much more of a premium you ought to pay for insurance. This isn't at all helped by the complex rules the
insurance companies use to set their prices, rules they tend not to share with anyone.
To try and get to the bottom of this Consumer Reports carried out an investigation by examining over 2 billion insurance quotations obtained from
700 auto insurance firms. They found (and published in their September 2015 edition) that, depending on which state you live in, if you are a
single adult driver with a poor or just a good credit score, you may have ended up paying anywhere from between $68 to $526 extra per year for your
insurance compared to drivers who had excellent credit scores. Taking the USA as a whole, on average, high credit rate scorers paid $214 less per year
for their auto

Film Score Music
Film Score Music
To say that music plays a large role in our society would not do justice to one of the most important and popular art forms of yesterday and today.
We underestimate the effectiveness and power that music, in any form , can have over even the most insensitive of people. In almost everything we
do and see music is involved in some form or another. Be it a piece played at a wedding, a song played on the radio or even the music played in the
background in a television commercial. The music is always there, reminding us of past experiences, making us smile and feel exhilaration and
sometimes even making us cry. It is this power that music has over us that film score composers take advantage of when they are writing the ... Show
more content on Helpwriting.net ...
The musicians paid little attention to the film and played arbitrarily. This meant that often a serious or dramatic scene would be occurring on the screen
wile the musician played something comical or something that belonged to a scene with a car chase. Sound–effects men were soon added to the sounds
behind a film. This would be a man that created noises, erg. train whistles and bells, fire engine bells, gun shots, explosions, cannon fire, etc. in order
to add realism to the film. This made movie–going more popular which in turn bettered the standard of movie–making. It was at this point that the
musicians hired to accompany the films began to take the music more seriously. Set standards were created but the musicians job was to make sure that
these standards did not become monotonous. They also began the use of simple motif that would introduce a character or foreshadow an event. The
motifs are the elements of the music that are extremely important in shaping the characters and the theme of the film. It was the use of these motifs that
made the music much more sophisticated and people began to take the films more seriously. The idea of motifs did not disintegrate but rather became
an important technique in the scoring of films in the years to come. By this time the music was ceasing to be merely and extra job for Vaudeville
musicians and had actually become an art that needed and was given thought. The house musician, which later became

Musical Score In Psycho
A musical score is one of the most important components of a film that can both affect the audience and make the film all the more successful. Most
films usually open up with a musical score to get the audience's attention, and Hitchcock had a tendency to use musical scores in a few of his films to
lure the audiences in, and to enhance the story. The musical scores he uses are almost always specific, and in Psycho, Hitchcock composes the music as
a fast–paced and dramatic score to both attract the audience, and to raise the tension within the film.
The very intro of the film begins with a score of fast–paced and spasmodic music, and the very atmosphere of the film already comes off as
apprehensive. The music in the beginning sounded a lot like violin music, and violins are known for producing either soft, delicate tones or screechy
and high–pitched cacophony. However, Hitchcock chooses to use the screechy violin sounds to corporate into music because the violin's ... Show more
content on Helpwriting.net ...
When the rain gets louder and drowns out the music, it serves to enlighten the audience that something bad is likely to happen to Marion. Despite the
beginning's slow start, the fast pace of the music and sounds succeed in gradually building up suspense and making the beginning more dramatic and
meaningful.
Music has proven to be one of the most effective tools to aid films by helping the story flow and create emotional impacts within an audience.
Hitchcock's unorthodox and unique use of music is what creates the uneasy atmosphere of the film at the very beginning and it cues the audience to
prepare for the upcoming scary scenes. The music is what arguably what holds the film together, without it the film would not hold up and there would
not be as much suspense in this dramatic and psychological thriller. It's the creepy music that makes Psycho such a memorable

A Good Credit Profile Can Improve Your Credit Score Essay
For some, there are just goods that they consider absolutely essential to their existence, often to the point of spending every cent just to have these.
In turn, they rely on loans, and survive from paycheck to paycheck. But living on credit will then lead to a lifetime of hardship to pay off all their
loans. If worse comes to worst, some may even default on these loans. But don 't blame the loans. In fact, a good credit profile can improve your credit
score. Before applying for a loan, you must first learn all about loans. That is the first component in good personal money management. And during
this time, when we are all being hit hard by the worldwide financial crisis, we all need to be astute when it comes to handling money. Here 's the
scoop on loans. Basically, loans are quantities of money that you borrow from a lender, which can be repaid over a set period of time with the
inclusion of interest. Interest is a percentage of the loan which the bank earns in return extending credit to the borrower. Loans can be secured, or
where the borrower stakes a piece of his property to acquire the loan, also known as a collateral; or unsecured, where no collateral or tangible asset is
pledged. One particular example of loan that many need to learn more about are bad credit loans. Those with good credit scores have a history of
paying on time, and satisfying their debt obligations, while those with bad credit scores have a penchant towards late payments and neglected loans. This

High Scores On Safety Standards
Scores on most of the items in this dimension are high. High scores represent a positive attitude towards safety. The lowest score observed was on PA7
which questions about trade–off between getting a task completed and doing it by the book. With a mean score of (3.72) it shows disagreement
among respondents as to how a task is completed according to their job. For instance, ATC respondents show that half of them agree there is a
trade–off between getting a task done and doing it by the book, while the other half disagree with the statement. The highest score observed was (4.75)
in PA1 which questions about safety procedures making their job safer. This shows that there is a strong agreement with the statement amongst
respondents.... Show more content on Helpwriting.net ...
This means that more than half of the participants are ready to take risk other than those inherent in their jobs to get a task done. Followed by SB4
with a mean score of (3.62) which questions if participants are prepared to take short cuts to get a task done. Finally, SB6, with a mean score of (3.82)
which questions if participants are familiar with getting a job done without looking at the manual or written procedures.
1.3Summary of discussion
All scores in the items shows a general positive motive towards safety. However, there are a few showing the opposite. For instance, 34% of the
participants agreed with the statement I will take shortcuts to get a task done. This is a high number for a high risk industry, especially where human
error is cited as major causal factor in accident occurrence. Airlines and other stakeholders in the Nigerian aviation industry need to encourage
employees regarding such type of behaviour.
Due to the cultural nature of Nigerians and their strong believes in in culture. Nigeria scores 13 in Hofsetede 2001 Hosftede 2010) culture dimension
for long term orientation. This means that culture normative instead pragmatic. People tend to exhibit great respect for traditions (Hofsetede 2001
Hosftede 2010). Majority of Nigerians usually believe accidents just happen, there is little one can do to avoid it. Hence, a significant amount of the
participants agreed to the

Credit Score Improvement Research Paper
Credit Score Improvement Made Easy With This Great Advice
It might appear impossible to find quality advice on repairing your credit when you need help. We have a variety of information available to help you
get started on the right track to rebuilding your credit. The tactics listed below can successfully be applied to your credit score improvement tactics.
Your low credit score will cut your interest rates. Monthly payments are easier this way, and you can pay off your unpaid debt. Getting better interest
rates leads to an easily maintainable good credit score.
Avoid paying off high interest rates so that you don't pay too much. Creditors trying to charge more from you than what they originally loaned you plus
a reasonable amount of interest ... Show more content on Helpwriting.net ...
Instead use cash for all your purchases. Any credit card purchases should be paid in full the same month of purchase. Do not carry a balance on your
cards.
Debt collectors are an intimidating and stressful part of dealing with bad credit. You can use a cease and desist letter to stop any harassment from
collection agencies. Even when the phone calls from collection agencies have stopped, the associated debts must still be paid.
There are many law offices that promise quick credit fixes; avoid these. Because of the surge of credit issues out there, a lot of unscrupulous lawyers
advertise that they can repair your credit for large fees. Do a thorough background check on any lawyer advertising credit repair services before
handing over any money.
A good way to repair your credit is to begin to build it back up. Prepaid or secured credit cards can help to rebuild your score without late payments or
going over your limit. Doing so indicates to the person lending that you are a responsible person.
Hopefully these tips will be very useful in your endeavors. Having good credit has many benefits for you to enjoy. Take your time and be patient. If
you keep at it, the rewards are well worth

Credit Score Research Paper
2183 Г— 3300
Caption
A lot of credit card debt can lower your credit rating.
Alternate Text
Group
Your credit score is a complicated mix of factors, such as how much you owe, how timely your payments are, the kind of credit you have and how
long you've had that credit. Rating companies use proprietary formulas to come up with your credit score, which is used to determine how credit–worthy
you are. Lenders use this to decide whether to loan you money and, if they make the loan, how high your interest rate will be. Paying off your debts can
help to raise your credit score and make it easier for you to get new credit, such as a mortgage or a new car loan. Exactly how much paying off a credit
card helps you varies, but there is no question that paying off even a single card will help.
FICO
The Fair Isaac Company is one of the most commonly used sources of credit ratings, a number often referred to as your FICO score. While the
company won't reveal exactly how they come up with the number, the company's consumer information page reports that 35 percent of your FICO
score is based on whether your payments are made on time, and 30 percent of it is determined by how much money you owe to creditors. Changing
either of these two things can have a ... Show more content on Helpwriting.net ...
Generally, the higher your credit score, the more damage a negative account can do. Every maxed–out credit card you have can drop your credit score
by anywhere from 10 to 45 points, depending on where your score started. It stands to reason that completely paying off a maxed out credit card can
raise your score by the same amount. If you have a lot of debt and pay off a credit card with a small balance, it may only improve your FICO score by a
few points. Still, any increase is to your benefit. If you pay off a larger credit card balance that substantially reduces your level of debt, it will increase
your score

You ARE Your Credit Score
You ARE your Credit Score
We at Homepath educate our clients on maintaining a good credit score. Keeping your credit score as high as possible is the primary factor of your
financial health and well–being. Whether you want to go in on a Williamsburg co–op or you've decided to pack up your life as a Hedgefunder and go
back to grad school for mad science training, you're going to need a mountain of money from a lender or two to take care of the bills, and your credit
score better be looking as good as your dreams.
That being said:
PAY YOUR BILLS
Not just for your mobile phone or cable TV addiction, either. Let's say you've kept your score in the 700's since training wheels, and now you have
to choose between paying the bank that mortgaged your first apartment, where you live, or spending a weekend in Vegas. Well, pay the bank their
due, and go backpacking instead. Because the big credit reporting agencies don't take late payments lightly. They look at it like you're having serious
financial problems, because in their book paying off your mortgage should be a top priority.
IT MATTERS BECAUSE
Let's get back to your credit score, which is everything. You want to get a nice job? They'll probably check your credit score. You want to buy that
black Jag for your 30th birthday? Then you better have kept up with the mortgage, because shirkers don't drive Jaguars. If you're happy with your 99
Forester, great, but if you're hoping to move beyond Compact Disc technology,

The Net Promoter Score: Ultimate Question by Frederick...
Net Promoter Score is becoming an increasingly popular tool used by many companies who try to assess customer loyalty. The Net Promoter Score is
based from a model developed by Frederick Reichheld in the book, "The Ultimate Question" (Beyond 2). The system helps measure customer loyalty
between an organization and a consumer. TheNet Promoter score was designed on an 11–point scale from (0 to 10) and it separates the customers into
promoters, passives and detractors (beyond 2). Promoters are people who score 9's and 10's on the Net Promoter Score scale. The passives are the
people who are 7's and 8's on the Net Promoter Score scale. The detractors are the people that are from 0 to 6 on the promoter score scale. One of the
main goals of ... Show more content on Helpwriting.net ...
Then after the company gets all the responses from their customers they analyze the results (Beyond 2). Every company that uses the Net Promoter
Score wants to get at least 50 percent of their customers in the Promoter range. A score of 25 or above as a Net Promoter Score is a good number to try
and achieve for companies who want to achieve customer satisfaction because it shows that at least 25 percent of your customers are in the
promoter range. Different industries have different factors of how good an overall net promoter score should be. For example, in the technological
industry a net promoter score of 40 is about average and high is about 70. For the auto industry 25 as an overall score is high with 10 to 15 being about
average (Freimark 21).
2. Current State
The Net Promoter Score is of big importance to the success of companies today. The Net Promoter Score is important to companies today because of
word of mouth is 48 percent of what influences peoples purchase decisions today (Beyond 3). If companies use the Net Promoter Score and recognize
that they have a lot of customers willing to recommend the company to others than they could potentially increase sales in the future from word of
mouth from their customers. Also if some companies have a lot of detractors from using the Net Promoter Score than that shows companies that they
need to work harder at getting customers to want to recommend their company by perhaps providing their

Auto Insurance Score Research Paper
Headline: Can your Credit History or Score, lead to your Auto Insurance Coverage being Denied? What is the most important factor in getting auto
insurance? Most would think that it would be your driving record. If you have more accidents or claims, then this could drastically alter your
chances of either getting auto insurance or how high your rates are. There are some factors you cannot control when it comes to your insurance rates,
such as age or gender. However, for the ones that you can control, there is one that could stop your chances of receiving insurance. Your credit history
and score. With Auto Insurance being mandatory in almost every state, except in New Hampshire, you might wonder, would it be right if an auto
insurance company could deny you insurance based off your credit history and score? Might this be considered a form of... Show more content on
Helpwriting.net ...
Most insurers would might just look at your driving record to determine your premiums, but since in most states they can look at your credit history and
score, this can lead to outrageous rates and premiums.
Consumers Kept in the Dark Aside from your credit score, there are other factors that only insurers can see. That is your insurance score. Your
insurance score is determined by your credit score report. The best way to ensure that your insurance score is accurate, is to make sure that all factors
in your credit score are correct. Inaccuracies can lead to lower scores.
The Factors for Coverage Can insurance companies deny you coverage based on your credit history? The simple answer is yes. Auto insurance
companies have the right to deny you coverage. There are a number of factors that can lead to your coverage being denied. Such as:
DUI/DWI conviction or other serious traffic violations.
Having a serious and/or injury–causing accident.
Having several traffic violations on your driving record.
Having poor

Good Credit Score
Why you need a good credit score and simple actions you can do to improve it
You may find that your credit score is still lower than you would like (or deserve) even after making sure your credit report is accurate. The average
FICA credit score has fluctuated between 675 and 700 in recent years, with 850 being the maximum score one could have. People with below average
scores must pay high–interest rates. What Can You Do? First, you need to recognize that efforts to improve yourcredit score take time to have an
impact. Most people find that it takes about one year for their score to show much improvement. This is partly because changes take time to show up
in your credit report. But it is also true that your credit history stays ... Show more content on Helpwriting.net ...
These items will still stay on your credit re– port but the fact that you made good on the debt will be a plus. DO re–establish your credit if you have
had problems in the past. Opening one or two credit accounts and using them responsibly will slowly but surely rebuild your credit score. This may
take a few years, however. DO stop using your credit cards if you are not paying your balance in full each month. Using a card on which you carry a
balance is almost guaranteed to result in ever–increasing balances. DO NOT ignore debt problems. Credit scores can go down much faster than they
can go up. Lenders typically report negative information right away. Again, contacting lenders directly or a telephoning a reputable credit–counseling
agency can be of help. DO NOT use repossession as a way to get out from under debt. Repossession negatively affects credit scores even if the
repossessed item has sufficient value to pay the debt. And in most cases, its value is not enough to pay off the full balance owed. Thus you will still
owe some amount of remaining debt. It would be better to sell the item yourself, add additional funds if necessary, and pay off the debt in

Health Inventory Scores As A Function Of Perceived Stress...
Health Inventory Scores as a function of Perceived Stress Scores Perceived stress may have an impact on an individual's overall health. Many
believe higher perceived stress would lead to more detrimental health impacts or vice versa. However, previous studies have presented mixed results.
Previous research found rates of colds and respiratory infections to increase as stress index scores increased, in a study of 420 men and women.
Participants stress was measured using three questionnaires and each participant was given nasal drops, containing one of five different types of
respiratory viruses or saline drops, before being quarantined with zero to two other participants. The results were found to be consistent among each of
the viruses and personality characteristics were ruled out as accounting for the relationship between illness and stress (Cohen, Tyrrell, & Smith, 1991).
Researchers studying 3,271 university students in Egypt found a significant increase in self–reported health symptoms and levels of perceived stress.
Students were given three questionnaires regarding stress and health symptoms. An ANOVA was used to compare the health symptoms/complaints
across levels of perceived stress. Increasing health symptoms across four different categories aligned with increasing levels of perceived stress, which
was also broken into four different groups (Ansari, Oskrochi, Labeeb, & Stock, 2014). Another study, involving 23 undergraduate students, required
participants to

Essay On Credit Score
One may decide to pay cash for everything but, there are reasons to focus on obtaining and keeping a good credit score. The first step toward
understanding how credit affects ones' life is to check the credit standing. One can get two of their credit scores for free on Credit.com. This
completely free tool will break down the credit score into sections and give a grade for each. For example, how is the payment history, debt and other
factors affecting your score, and get recommendations for steps that can be taken to improve ones' credit. It is possible to get a free annual credit
report from each of the major credit reporting agencies Equifax, Experian and TransUnion once every 12 months. This does not give the credit scores
but, it does ... Show more content on Helpwriting.net ...
This is known as a hard inquiry, and it usually knocks a few points from the credit score.
Bad credit reports can affect ones' life in several negative ways. With a bad credit report and a low credit score, it is harder to receive a credit card,
an automobile loan, a mortgage, or possibly a job. It is important that one is always aware of the credit decisions made. Paying bills late, maxing
out credit cards, and filling out too many credit applications in a brief period will also have a negative impact on the credit report. To keep a good
credit report, one should pay bills on time and apply for credit sparingly. Last, but certainly not least, one should check their credit report annually!
A free credit report is available from each of the three credit reporting agencies each year. This is something one should take advantage of since it
will help them judge whether they are managing their credit wisely. It is imperative that one keeps a good credit score. If not, one could miss out on
many opportunities. For example, one may find an opening for their dream job that they are qualified for, but the negative credit report causes them to
not get the job. Do not let this happen! Maintain a good credit report and opportunities like this will not pass by!
People have become increasingly dependent on credit. Therefore, it's crucial that one understands personal

Wk6assgnjlaym Servant Leadership: Theory And Practice
Wk6AssgnJLayman: Servant Leadership
Walden University
Ph.D. Public Policy and Administration
Introduction
This is an introduction to the Servant Leadership Questionnnaire or SLQ, introduced in Chapter 10 of the textbook "Leadership: Theory and Practice"
by Peter Northouse (Northouse, 2016). The questionnaires were designed, to evaluate leadership styles (Northouse, 2016). The following is a brief
summary of the resulting scores of the questionnaire which are tallied in categories representing emotional healing, creating value for the community,
conceptual skills, empowering, helping followers succeed, putting followers first, and behaving ethically. Next, a paragraph with a short assessment of
the results. Finally, a brief analysis of the impact the ten characteristics of the Servant Leadership style might have on one's personal leadership style.
Servant Leadership Questionnaire The SLQ, an adaptation of the "Servant Leadership: Development of a
Multidimensional Measure and Multi–Level Assessment" by Linden, Wayne, Zhao and Henderson (2008), consists of 28 questions, using a 7 point
graded scale for each question, ranging from a score of one representative of none at all to seven, representing very high. Scores are then tallied, and
the results then classified by total, with a very low score falling in the range of 0–7 points, and a very high score falling between 23–28 points
(Northouse, 2016).
Personal Results Per assignment instructions, this

My Fitness Scores And Strengths
Through thorough evaluation of my fitness scores, activity levels, injuries and interests; I have concluded that my level of fitness is average. My
fitness scores portrayed that, at certain aspects, for example strength and flexibility, I prospered; explicitly, sit and reach and curl ups, my scores
increased at a consistent rate and I have achieved the maximum score. Moreover, my activity levels are immense, in the Fall I had Diving, the Winter I
had gymnastics and now soccer in the Spring; furthermore through all those sports and physical education as well, I flourished into a stronger athlete
and fortified my skills and my strengths. My attitude and interest towards different activities have also affected my fitness level; I am open... Show
more content on Helpwriting.net ...
My first goal would be to improve my shuttle run, I want to break 9.0 seconds and I feel like I can because last time I obtained a 9.6 and I have
been sprinting a lot in soccer. Although my time in the spring was an 11.0 seconds, it was not due to my speed, but it was due to the fact that I
missed the block; and therefore, I believe I can improve and meet my goal. My second goal would be to improve my pacer and at least get higher
than 70; I believe I can accomplish this because last time I got a 60 and soccer has really helped my endurance. If I work hard to accomplish I
believe that my fitness will also improve with the workouts I plan to do. My third goal is to improve my mile time, a mile at an easy pace is easy
for me to accomplish; however it gets difficult when I try to increase my pace, therefore I believe that if I can increase my mile time, my endurance
will increase as well. Moreover, my fourth goal would be to increase my pull up and push up score, due to my conditioning and training as a gymnast,
I believe that these scores are low. Although my strength is a strength of mine, increasing my pull up and push up score will also increase my strength,
and make me a better

What Does Credit Score?
Five hundred and thirty–six. That number could represent the amount someone has in their bank account, or maybe a number of licks it takes to get to
the center of a Tootsie roll lollipop, but if that number represents an individual's credit score then they have an extensive and tedious road ahead of
them. Credit scores have an uncanny ability to alter the way professionals view an individual in a professional environment, deny hardworking
individuals from bettering their circumstances, and mainly hold a negative affect towards lower income individuals. Acredit score is the utmost
important number a person has because this one number determines how a person lives each day and is the last legal form of discrimination in
America. What exactly goes into a credit score? Unfortunately, many consumers cannot answer this question. Credit scores are not easily accessible
and therefore this lack or knowledge negatively affects individuals because they do not know how to better their score. A credit score is composed of
five different components: thirty percent is the amount a person owes, thirty–five percent is payment history, fifteen percent is the length ofcredit
history, ten percent is new credit, and the remaining ten percent is called a credit mix. One study of individual's knowledge of credit showed, "that
while most respondents knew what a credit score was 'in theory,' their practical knowledge of credit scores was lacking. Knowledge of the factors that
positively and

Credit Score Misconceptions
Credit reports and scores have become an essential part of our daily lives since the 1980s when banks implemented a system to calculate consumers'
creditworthiness. Today it is crucial to thoroughly understand your credit standing as a borrower. However, most consumers have very limited
knowledge about what improves and hurts their credit scores. As a result, their rankings remain low as they struggle to make payments on balances
with high interest rates. Below we have put together the top five misconceptions about credit scores.
1. There is only one credit score.
Contrary to this belief, there are several models to calculate credit scores. FICO is the name of the most popular model used by many lenders. The
score range is from 300 to 850. The higher the score, the better is your standing as a borrower. Before applying for a credit, you can request your
score from one of the companies. It will give you an idea what lenders will see when they pull your credit information. Keep in mind that scores from
different companies may vary by ... Show more content on Helpwriting.net ...
It is important to understand that credit report is a history of how you have managed your credit over a period of time. As you clean up collection
accounts, make on–time payments, lower or pay off balances, the adverse records will no longer dominate your credit report. As a result, your score
and your creditworthiness will eventually improve. Keep in mind that collection accounts and other negative marks, such as debt settlement,
foreclosure, and bankruptcy, remain on the report for seven to ten years. As long as these marks are valid, they cannot be deleted. In some situations,
credit repair specialists can assist in removing derogatory records from credit reports. If you find a collection account that has been paid off a long
time ago or a delinquent account that does not belong to you, contact CreditGlory.com for assistance with credit

Good Credit Score Essay
You work hard to maintain a good credit score by paying your bills on time and keeping payments low enough to manage your monthly budget.
Unfortunately, some things may adversely affect your credit and you may not even realize it.
1. Paying Fines Late
Ooops! You got a parking ticket and you asked the judge for more time to pay it. He agreed to let you have a payment arrangement, but make sure you
honor the agreement. If any of those payments are late, the court system may send your bill to a collection agency.
2. Paying Nondebt Items Late
Your credit score takes into account more than just your debt. A landlord could report a late rent payment to a credit bureau, and so can your utility
company. These types of nondebt payments don?t show... Show more content on Helpwriting.net ...
Getting a Lot of Credit All at Once
On a big shopping trip, you decide to open four credit accounts at various stores so you can take advantage of discounts on merchandise purchased with
the in–store credit during the winter holiday shopping blitz. Unfortunately, those discounts at the register may cost you interest in the long run because
credit bureaus could lower your credit score. That?s because the stores make what?s called a ?hard inquiry? into your credit.
When agencies make too many inquiries over a certain period of time, credit bureaus might dock your credit score. Hard inquiries also happen when
you pay for a rental car using a debit card, buy a new cellphone, request a credit limit increase, open a new bank account and apply for a finance plan
on a big–ticket item.
4. Canceling Cards You Paid Off
Paying off a credit card is great, just don?t cancel it. Canceling a line of credit damages your credit score because it lowers the total amount of credit
in your name. Getting rid of the account could also lessen the time of your credit history, and that can affect whether you get a loan in the future. Keep
your oldest credit card active as it creates a longer credit history, even if you don?t plan to use the card again once you pay it

Improve Credit Score
7 ways to improve your credit score
Many people find it difficult to improve their credit score. Credit card score increases as time goes by. Here are some helpful tips which will ensure
you improve your credit score within a short period:
Watching credit card balances
It really matters on how much you have on your credit card and the amount of money you are using. It is important to check all the small balances and
pay them off .Try as much as possible to keep low balances. Please note that there are some issuers who refer to the balance of your statements reports
filed by different bureaus.
Eliminating credit card balances
It is important to get rid of those nuisance small debts if you want to want to improve your credit score. This statement is mostly directed to those
who have a couple of credit cards. Most issuers carefully check how many of your credit cards have balances. It is therefore important to gather up all
your credit cards and pay all the small debts accordingly. ... Show more content on Helpwriting.net ...
Debts which have been paid well are likely to improve your credit score. It is therefore important to leave your old debts for a very long time. They will
give you marks when it comes to improving your credit score.
Paying your bill on time
The biggest ingredient which determines if your credit score will improve or not, is being able to pay debts on time. Paying your bill on time can
help improve your credit score within a short period of time. On the other hand, defaulting to pay your debts on time will hurt your credit history.
Not risking your credit score history
Don't do something that could damage your credit score. There are two factors which could hurt your credit score.

Fair Isaac Company: Fico Credit Score
For someone to understand their credit and their credit score that comes with it, you have to know what the FICO credit score is. Fico is a special
company that gathers information on a person about how they spend their money, who they owe money to and use that information to interpret and
come up with a score which is something like that of a rating system. With this information they can even tell if they should extend more credit to
your account for those who are credit card holders. What does FICO stand for? Fico stands for the Fair Isaac Company. Due to the name being too
long it eventually was shortened it to FICO. They gather information from a few major credit companies who take your financial information, analyze
it and then return with a score.... Show more content on Helpwriting.net ...
Many companies use your fico score to decide on major financial decisions when it comes it you. For example, if you're trying to get a credit card a
company will look at your fico score to decide if you are a high risk and deny you, or if you are a safe risk to take. Some other places such as banks
will use that information to make other choices as well.
How are FICO scores determined? For those who are trying to decide on whether or not to grant you that extra line of credit or a bank loan there are a
few things they take in to consideration. First off the biggest part of your score is made up of all the bills you've accumulated, how many have you
actually paid. Secondly, they look at just how much money you owe those who you have bills with as in outstanding debts that have been sent to bill
collectors. Third, how long you've had credit among a few other decisions.
How do I get my credit score? Well that depends on whether or not you are looking to pay a few dollars out or if you are seeking a free credit score.
Most sites require you to pay either a small fee or a monthly fee. Some sites however, will allow you to see your personal score for free such as

My Category Scores For The Seven Habits
An analysis of my category scores for the Seven Habits Profile yielded results that accurately portrayed what I feel are my strengths and weaknesses.
As someone that has studied the Seven Habits many years ago, I have realized that the emphasis on excelling with certain habits and struggling with
others can be attributed to a maturation process that is self–awareness based as well as environment–based. Through my career and within the different
roles I have assumed, the opportunities to practice the Seven Habits were often dependent on my specific role and within the environment that offered
opportunities to practice the Seven Habits (Covey, 1998). That stated, my category totals have been dynamic through the years and improvements have
been... Show more content on Helpwriting.net ...
As my time as a Manager moves myself further away from the technical aspects of the work that our group performs, I find myself actively pursuing
methods or ways of improving our work structures, and seeking ways to manage or lead more effectively. Continuing with my education serves to
improve my critical thinking skills, and develops a better understanding of how I am presented to others. Sharing what I learn strengthens my
understanding and creates a method to try new techniques or tools from the feedback that is generated daily from our staff and various customers.
While I have some strengths, I do have some weaknesses that may be impacted by the work environment. Category two, or Life Balance presents
some difficulties in that the commute for work each day requires roughly four hours or more than twenty hours per week. Additionally, I am on call
around the clock. The low score in this category was expected and has been a challenge for several years now. In trying to be creative with this
commute on a train, I use the time to handle e–mails and adjust my

Factors for Your Personal Credit Score
In my research I found that three companies are used in the United States as the primary determiners for credit score. The companies that determine
credit score are Experian, TransUnion, and Equifax. The components I discovered that make up your personal credit score are: Payment History, Lines
of New Credit, How much you owe, and finally length of credit history with other factors as well rounding out the table. Payment history makes up the
largest percentage at Thirty–Five percent. They use your past behavior in determining what you will do in the future. This is considered the most
important factor in calculating credit scores because if they do not have data to show how you have performed in the past that might be misleading
and could lead to someone with terrible credit in the past to open many new credit cards. They take into account the two types of loans, revolving
and installment. Revolving loans are the types that always fluctuate, like opening new charge card accounts. Installments are paid back in portions
like if you have payments to make on a car lease or mortgaging a home. If you default on a loan it is not always going to result in identical damage to
your credit score. The amount of damage to defaulting is determined by the size of the installment. If you are working on boosting your credit to a
higher rating, you should always pay on or by the due date.
The second biggest component to a credit score is the debt amounts. Debt amounts makes up around

Why People Have Poor Credit Score
It is kind of surprising that almost fifty percent of people around the world have a poor credit score. The hard economy crisis boosts this phenomenon,
in which the inflation is unavoidable, and people find it harder to pay their bills on time. Yet, they know that the credit score is very crucial in
determining their financial condition. Without a good credit score, a person is has a low trustworthiness. For those who have poor credit score, they will
face difficulties in getting loans. Their application can be directly rejected, or they might be urged to pay higher interest rates. If you are one of them, it
is understandable that you feel frustrated with any kind of rejection from loan providers. But, what if you visit a loan provider with

FICO Score Possible Essay
What is the Highest Credit Score Possible?
One of the most important numbers in your life is your credit score. In some cases, it's more important than your age or even your income, but even
more difficult to understand, especially if you are working on improving or building your credit score. From the time you can work, someone is going
to tell you to build up your credit history and keep an eye on your credit score. This is true even if you never plan to buy anything on credit. So, what
is the highest credit score possible? According to the most recent methods used, a FICO score of 850 is the highest you can get, but also the most
unlikely for several reasons.
How to Get Your FICO Score
Credit scores take quite a few things into consideration, but not every lender or credit score provider will have the same credit score for you.
Although there are many different ways you can get a credit score, the FICO score is the one most commonly used by lenders when determining your
creditworthiness.
Credit reports ... Show more content on Helpwriting.net ...
In most cases, you can get around these types of payments with a debit card from your bank. The problem is that you don't have access to a credit
line that can come in handy for emergencies or when you want to make a large purchase. Further, you need a credit score and a healthy credit history
to purchase things like a house or a car.
One of the worst things you can do for your credit is not use it. In fact, many lenders say that no credit is worse than bad credit. This is because they
understand that sometimes things happen that are beyond your control, so getting behind on a couple of payments isn't the worst thing that could
happen. It's not having the payments or credit accounts at all that could be even worse for your

Standard Scores
2. What is a standard score?
A standard score is a scores that enables us to refer to the performance of an individual pupil in relation to the whole population where the mean is
100 and the standard deviation is usually 15. It also allows schools to base their assessments per school year. This is due to standarised scores taking
into account the age of the pupil. A pupil in year 9 that has a date of birth of September would generally be expected to get a higher raw score than a
pupil born in July, both pupils being in the same academic year. However, when calculating thestandard score the age will be taken into account. This
ensures that relevant interventions/arrangements can be put in place for pupils based on the standard score.
3. What scores are considered to fall within the average range?
Standardised scores that are ... Show more content on Helpwriting.net ...
One standard deviation is usually represented by 15 points from the mean. 2 standard deviations are calculated usually by 30 points from the mean.
One standard deviation away from the mean in either direction represents around 68% of the population that took that test. Two standard deviations
away from the mean represent 95% of the population.
8. What is reliability? What reliability should we choose when selecting a test?
Reliability of a test is measured by how accurate and consistent that test is when measuring a target skill. For a test to be reliable it must have
reliability of 0.8 or over. A reliable test should give us a consistent score every time it is completed, i.e. if it a pupil was to complete the same test that
was delivered by 2 different assessors on 2 different days, a reliable test should still give us the same outcome on both tests on both days.
9. What is validity? Name and describe the three mains types of validity.
Validity is a measurement of how well a test measures the skill that needs to be

Propensity Score Matching And Time Varying Confounding
STUDY 3: PROPENSITY SCORE MATCHING AND TIME
–VARYING CONFOUNDING IN A STUDY OF STATINS AND THE RISK OF
VENOUS THROMBOEMBOLISM
Aims
To evaluate the association between statin use and the risk of VTE controlling for time–varying confounding.
To examine whether this association differs by body mass index (BMI)
To examine various characteristics of exposure including type of statin, dose of statin, and recency/duration of statin use in relation to VTE risk
Study design
This study will be a population–based cohort study.
Study population
The study population will consist of all adult patients aged 40–79 years during the period 1995–2015 in the CPRD. I will exclude all patients with a
history of cancer (non–melanoma), VTE, cerebrovascular disease, coronary heart disease, heart failure, coagulopathies, vasculitis, and chronic
kidney disease prior to cohort entry. Participants will be required to have at least one year of recorded history in the database before the study entry
date. The date of entry into the cohort (start date) will be defined as the last of the date patients became 40 years old or 1995, and registered in the
CPRD).
Because dyslipidemia covers a broad range of lipid abnormalities and statins are widely prescribed to a broad spectrum of people (from relatively
healthy, middle age to the older, very sick population with numerous comorbidities) controlling for confounding by indication in this study will be a big
challenge. To mitigate this, an option will be

Fico Score Research Paper
There are a lot of different credit scores that you may see – from your FICO scores, to your Credit Karma score, to a score provided by your credit
card. The three credit bureaus created VantageScoreВ®, which is another credit system that produces credit scores and gives a letter grade based on
the numeric range. With all of these companies offering credit scores, how do you know which one is right?
Unfortunately, there is no one right credit score. This is because you have several credit scores – you don't have just one credit score.
It's impossible to know which credit score your lender will use. Often, lenders rely on a FICO score from TransUnion, Experian, or Equifax. But it's not
fair to say that all other scores are "FAKO" scores – a ... Show more content on Helpwriting.net ...
For example, your credit card company could include a free credit score on your monthly bill that shows a 750 score based on TransUnion information
but when you actual buy your TransUnion score, you could see a score of 780. This would not be unusual.
As if that's not enough variation, you can also have different FICO scores between each of the three credit agencies (TransUnion, Experian, and
Equifax). If your FICO scores vary significantly from each of the agencies, it is likely that the underlying information on your credit reports varies in a
significant way. If this is the case, check your credit reports to compare the information between each of the agencies.
Because you can only get your FICO credit score by paying for it, you may want to rely on one of the other methods of getting your credit score more
frequently (such as through Credit Karma or your credit card company). Not only that, but you don't know (and can't know) which score a lender will
look at. For these reasons, you may want to continue to monitor your non–FICO scores.
Which Credit Score Should You

High Credit Scores
In the United States, the higher credit scores means higher opportunities. You can be considered lucky to have and maintain a high credit score
compared to those who have incurred no credits at all. Having a high credit score means a good reputation since people do believe that having it
means you are a responsible citizen.
Who does not want to gain a good reputation? If you wish to be approved on loans applied, then avoid the following:
1. No credit score.
Even if you are good at handling your finances, but by not having a credit score, lending institutions will not have a basis to refer to. Having a credit
score is the same as having a financial history where lending institutions can determine your credit worthiness. With credit scores, the lender can find
out your financial background, current and previous loans taken, down payments you have made interest rates you choose and the payment scheme
that you opted.
It does not matter what race or origin you are, lending institutions does not judge your application based on these. Even if you are a janitor but have a
high credit ... Show more content on Helpwriting.net ...
Well, if yes you need to increase your scores with the 3 credit bureaus. Nowadays you even need a goodcredit history for for renting an apartment.
Please follow the steps below to learn how to build up a good credit history.
Step 1
First of all pull your credit profiles at all the 3 credit bureaus. Lot of people forget this important first step and start chasing creditors for giving them a
chance to prove their honesty. Your poor credit score may be due to someone else drawing credit in your name also called identity theft.
It is quite possible that a creditor or collector reported your relative's delinquencies to the bureau and it got filed under your name because you had the
same last name. If you suspect any such thing file a dispute with the bureau immediately and get the adverse accounts removed from your files.

Step

Ways To Improve Credit Score Essay
Credit scores are numbers resulted from a statistical analysis of a person 's credit history. They represent the creditworthiness of that person. Credit
scores are primarily based on credit report sourced from credit bureaus. Lenders use credit scores to a
Have bad credit and want to improve your credit score? Apply for a bad credit credit card. Even if you have very bad credit, there are many lenders
who have bad credit credit card products, available for clients with low credit scores. The problem isn 't finding a credit card product, but to make sure
that you don 't get taken to the cleaners on high interest rates, annual fees, signup fees and more. If you know how to compare credit card offers, you
can find a bad credit credit card to help you get back on track.
Some lenders send out costly offers expecting that you 'll jump at the first card you are offered. These lenders add outrageous fees, which can total
over $200, just to open an account. Some of the typical fees they charge are high annual fees, a one–time application fee, monthly fees if you are late or
over limit, and of course an interest rate way over market rates, from 10% and up. The interest rate will get jacked up another 10–15% if you do go
over your credit limit or are late with a payment. Not all lenders charge high fees and costs, so don 't just take the first offer you get in the mail. Before
applying for a card, do a search for bad credit credit cards online, and look for cards from larger,

Propensity-Score Matching (Psm). The Propensity Score...
Propensity–Score Matching (PSM)
The propensity score matching model is a method used to evaluate the average effect of a programme on participants' outcome, conditional on the
pre–participation characteristics of such participants (Bryson, Dorsett, & Purdon, 2002). The PSM technique has been applied widely in a variety of
fields in the program evaluation (Heinrich et al., 2010).The model is appropriate for addressing the problem of selection bias (Wooldridge, 2002) in
determining the difference between the participant's outcome with (in this case adoption of weather index insurance) and without (non–adoption of the
weather index insurance) programme (Pufahl & Weiss, 2008). Pufahl & Weiss also note that participants and non
–participants ... Show more content on
Helpwriting.net ...
Instrumental variables and design approach, though suitable raises difficulties in finding a suitable instrument because, in identifying the treatment
effect, one needs at least one regressor which determines participation, but is not itself determined by the factors which affect outcomes (Blundell &
Costa Dias, 2000; J. J. Heckman, 1995).
The regression discontinuity method on the other hand needs a large number of farmers next to the discontinuity to draw meaningful decision.
However, this is difficult because the further one moves from the discontinuity line the more the variable characteristics vary (Winters et al., 2010).
PSM assumes that farmers who receive treatment and those who do not, differ not only in treatment, but also in characteristics that affect participation
and the outcome (Heinrich et al., 2010). It thus seeks untreated (in our case non–adopters of weather index) farmers who have the same characteristics
of the treated (adopters of weather index) farmers and matching them using propensity scores and thus creating a quasi–experiment (Winters et al.,
2010). The propensity score was therefore used to estimate the probability of receiving treatment (adoption of

Strategies For Raising Test Scores
This article is shows different strategies that a principal can use to help raise test scores in schools. The strategies mentioned have been used by
principals in the past and, therefore, have been successful for schools. The authors mention six different strategies that can be helpful and certainly fall
along the lines of best practice. The strategies involved are analyzing test data, parents support score–raising efforts, constant monitoring of progress,
looking at student work helps improve teaching, practice tests all year, and good teaching is good teaching.
As I progress toward being a principal one day, I found myself with a need to figure out what to do with test scores and how do you fix low scores. To
be honest, I have not had a lot of time or practice interpreting test scores and what those scores mean in the end. How to improve those scores was
even farther away from my thoughts? What the article brings for me is less of specific strategies and more along the lines of good leadership for a school
. I have been teaching for eighteen years and can count on one hand the number of times I have been asked to interpret test scores and figure out
strategies to help. The last time I looked at Iowa Assessments was about six years ago and I noticed a large gap in what we were teaching versus
items that were on the test. The result of that gap analysis was changing from a cultural approach to a much wider spread history course. On top of
that, we as a

What Exactly Is A Credit Score?. By Martin Gandhi| Submitted
What Exactly Is a Credit Score?
By Martin Gandhi | Submitted On November 30, 2012
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When you apply for a loan in order to buy the house or car of your dreams lenders will look at your credit score and they will use it to decide if they
should give you the loan or not.
There are lots of Americans who don 't know what a credit score is or how it is calculated. If you belong to this group of people, then don 't worry ...
Show more content on Helpwriting.net ...
Where Does It Come From?
Now you are probably wondering "Where does my credit score come from?" This is a very common question and the answer is simple: Your credit
score comes from your credit report.
This credit report is created by the three major credit bureaus in the states and it contains the history of your payments, the amount of loans that you
have, how much you owe, and a few other things.
The bureaus use the information contained in your credit report to calculate your score. The three major credit bureaus use the FICO scoring system,
which ranges from 300 to 850.
What Exactly is Your Credit Score Made Of?
Your credit score is made of five different parts:
Payment History (35%)

Payment history refers to the ability to pay your bills on time. It represents 35% of your credit score. Your history is considered the best indicator of
your future financial behavior. Late payments, missed payments, loan defaults, unpaid taxes, and the worst of all, bankruptcy, will all hurt your score.
It 's also important the amount of negative events and when these events happened. Newer events affects your score more than older ones. More severe
events (like bankruptcy) are worse than less severe events. And many events hurt your score more than only a few of them.
Amounts Owed (30%)
Amounts owed represent 30% of your credit score. It refers to the amount of debt you have in comparison to your credit limits. This is also called the
"debt to credit ratio" and it works

Credit Score, And Why Is It Important For Your Future...
What is your credit score, and why is it important for your future success?
Describe and demonstrate knowledge of credit scores
The word credit has its origins on the Latin word "credere", meaning "to place one 's heart; to trust, believe" (http://www.oxforddictionaries.com/us).
A credit score is a number between 300 and 850 that shows lenders the capacity of a borrower to repay loans (http://www.oxforddictionaries.com/us).
The FICO score was first introduced in 1989 by FICO, then called Fair, Isaac, and Company (source). VantageScore exists as a competitor of FICO
score since 2006.
It's been said that capacity was reputation–based in the past –mouth to mouth– which made it hard to judge fairly a person because business' owners
and lenders used to take into account the character of a person (specific habits, etc). So the concept of credit score was invented as a way of making
fair decisions for lenders to improve business decisions.
It consist on formulas –that evolve with time– that are based on the information of millions of consumers from three key areas of their credit reports:
your credit accounts and repayment information (including credit cards, auto loans, student loans, mortgages and rent), public records (such as tax
liens, collections or bankruptcies) and inquiries (requests by lenders to access your credit information when you apply for credit). (www.chase.com).
There are three national credit bureaus in the U.S. that capture, update and store credit

Why An Individual Can Have A Bad Credit Score

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