Naca hud certification - Study guides, Class notes & Summaries

Credit Report a compilation of data about you that has been gathered by credit reporting agencies or "credit bureaus" Length of Credit History Makes up 15% of FICO score Type __ of credit use makes up 10% of FICO score New Credit or Inquiries Makes up 10% of FICO score Amounts Owed Makes up 30% of FICO score Payment History Makes up 35% of FICO score Fair Credit Reporting Act (FCRA) act that protects privacy of background information and ensures...

Credit Report a compilation of data about you that has been gathered by credit reporting agencies or "credit bureaus" Length of Credit History Makes up 15% of FICO score Type __ of credit use makes up 10% of FICO score New Credit or Inquiries Makes up 10% of FICO score Amounts Owed Makes up 30% of FICO score Payment History Makes up 35% of FICO score Fair Credit Reporting Act (FCRA) act that protects privacy of background information and ensures...