Credit Report
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closed accounts are kept for how many years?
3 years
How many days when you are denied credit do you get to request a free report?
30 days
Average credit score
500s
Very good credit score
600s
Excellent Credit score
700-850
credit score is also known as what?
FICO (Fair Isaac Corporation)
national credit bureaus (Big Three)
TransUnion, Experian, and Equifax
credit bureau
a business that gathers, stores, and sells credit information to business members.
FICO scores are calculated on what five categories?
payment history, amounts owed, length of credit history, new credit from opened accounts, and types of credit used.
credit report
statement of your credit history issued by a credit bureau.