Fico score - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Fico score? On this page you'll find 200 study documents about Fico score.
Page 3 out of 200 results
Sort by
-
UGBA 196- Midterm Question and answers 2023/2024 verified to pass
- Exam (elaborations) • 20 pages • 2024
-
Available in package deal
-
- $13.49
- + learn more
UGBA 196- Midterm Question and answers 2023/2024 verified to passFICO Score (Definition) - correct answer Mathematical Number used by lenders to determine if you're a good or bad credit risk 
 
Debt-to-Credit Ratio - correct answer Total balance of your credit cards and other loans compared to your total credit limit 
 
Add up all your debt/credit ratios 
 
What percent do you want your debt-to-credit ratio to be? - correct answer 30%-33% 
 
Highest possible FICO Score? - correct answer 850 (d...
-
NACA HUD Certification Exam QUESTIONS AND ANSWERS 2023 UPDATE GRADED A+
- Exam (elaborations) • 11 pages • 2023
-
- $9.99
- + learn more
Credit Report - Answer- a compilation of data about you that has been gathered by credit 
reporting agencies or "credit bureaus" 
Length of Credit History - Answer- Makes up 15% of FICO score 
Type - Answer- __ of credit use makes up 10% of FICO score 
New Credit or Inquiries - Answer- Makes up 10% of FICO score 
Amounts Owed - Answer- Makes up 30% of FICO score 
Payment History - Answer- Makes up 35% of FICO score 
Fair Credit Reporting Act (FCRA) - Answer- act that protects privacy of backgr...
-
TREC Promulgated Contract Forms #351 Final Exam 2023
- Exam (elaborations) • 13 pages • 2023
-
Available in package deal
-
- $11.49
- 1x sold
- + learn more
In the State of Texas who is allowed to use a customized real estate contract? 
The real estate brokerage company 
The salesperson 
The broker 
Lawyers licensed to practice in Texas - Answer- Lawyers licensed to practice in Texas 
 
Marcy is 17 and married. Her spouse is stationed in the Middle East. She purchased a home shortly before Stan, her husband returns to the United States. Select a problem that exists with this situation. 
Offer and acceptance issue 
Competency issue 
Consideration iss...
-
UGBA 196 Midterm Questions & Answers 2024.
- Exam (elaborations) • 13 pages • 2024
-
Available in package deal
-
- $11.99
- + learn more
UGBA 196 Midterm Questions & Answers 2024. 
What does your FICO score represent? - correct answer delinquency and default rate of a large number of people with similar credit history 
 
What factors determine your FICO score? (5) - correct answer on time bills, debt to credit ratio, length of credit history, new accounts/applications for credit, mix of credit cards and loans 
 
Credit Card Act - correct answer ⁃ no interest rate increase for 1 year unless introductory rate has come to an end o...
-
WISE test review questions & answers 2024
- Exam (elaborations) • 12 pages • 2024
-
- $8.99
- + learn more
WISE test review questions & answers 2024 
 
 
consumer financial protection bureau (CFPB) - ANSWER-protects consumers from unfair or abusive practices 
 
net worth - ANSWER-take your assets and subtract liabilities 
 
Individual retirement accounts (IRAs) - ANSWER-you must go to the bank to open up an IRA 
 
Traditional IRA - ANSWER-you dont pay taxes upfront, but you will pay taxes on the entire amount when you retire 
 
ROTH IRA - ANSWER-you pay taxes upfront, but when you retire and withdraw...
Make study stress less painful
-
HUD Exam 2023 Correct Questions and Answers 100% Rated.
- Exam (elaborations) • 89 pages • 2023
- Available in package deal
-
- $11.49
- + learn more
HUD Exam 2023 Correct Questions and Answers 100% Rated. 
Telephone Customer Services: correct answerAssistance provided by the financial institution over the 
phone to help customers with banking complications. 
Mobile Banking: correct answerAllows clients to utilize banking services with mobile technology. 
Services often included in mobile banking include a view of up-to-date transactions, fund transfers, or 
remote check deposits. 
Overdraft Fee correct answerFee charged when an account does ...
-
UGBA 196- Midterm questions and answers rated A+ 2023/2024
- Exam (elaborations) • 20 pages • 2023
- Available in package deal
-
- $13.49
- + learn more
UGBA 196- Midterm 
FICO Score (Definition) - correct answer Mathematical Number used by lenders to determine if you're a good or bad credit risk 
 
Debt-to-Credit Ratio - correct answer Total balance of your credit cards and other loans compared to your total credit limit 
 
Add up all your debt/credit ratios 
 
What percent do you want your debt-to-credit ratio to be? - correct answer 30%-33% 
 
Highest possible FICO Score? - correct answer 850 (delinquency rate of 1%) 
 
What's the best way...
-
NACA HUD Certification Exam QUESTIONS AND ANSWERS 2023 UPDATE GRADED A+
- Exam (elaborations) • 11 pages • 2023
- Available in package deal
-
- $13.48
- + learn more
Credit Report - Answer- a compilation of data about you that has been gathered by credit 
reporting agencies or "credit bureaus" 
Length of Credit History - Answer- Makes up 15% of FICO score 
Type - Answer- __ of credit use makes up 10% of FICO score 
New Credit or Inquiries - Answer- Makes up 10% of FICO score
-
HUD Exam 2023 Correct Questions and Answers 100% Rated.
- Exam (elaborations) • 89 pages • 2023
- Available in package deal
-
- $11.99
- + learn more
HUD Exam 2023 Correct Questions and Answers 100% Rated. 
Telephone Customer Services: correct answerAssistance provided by the financial institution over the 
phone to help customers with banking complications. 
Mobile Banking: correct answerAllows clients to utilize banking services with mobile technology. 
Services often included in mobile banking include a view of up-to-date transactions, fund transfers, or 
remote check deposits. 
Overdraft Fee correct answerFee charged when an account does ...
-
Fincert Texan Smart Exam Questions With 100% Correct Answers.
- Exam (elaborations) • 12 pages • 2024
-
- $12.49
- + learn more
Fincert Texan Smart Exam Questions 
With 100% Correct Answers. 
________ is a contractual agreement whereby a borrower receives something of monetary value 
now and agrees to repay the lender at a later date. - answercredit 
Credit addresses what? - answerThe concepts of obtaining and utilizing credit wisely 
True or False: Good credit can take years to establish yet only months to destroy. - 
answertrue 
What is the FCRA? - answerThe Fair Credit Reporting Act 
why is the FCRA important? - answe...
Study stress? For sellers on Stuvia, these are actually golden times. KA-CHING! Earn from your study resources too and start uploading now. Discover all about earning on Stuvia