Credit score - Study guides, Class notes & Summaries

% Impact of Account Payment History on Credit Score - correct answer 35% portion of credit score based on the payment history of accounts, including late payments, delinquencies, judgments, and liens % Impact of Amounts Owed on Accounts on Credit Score - correct answer 30% portion of score based on the ratio of total credit extended to the amount of credit owed % Impact of Length of Credit History on Credit Score - correct answer 15% portion of score based don the overall length of cre...

% Impact of Account Payment History on Credit Score - Answer 35% portion of credit score based on the payment history of accounts, including late payments, delinquencies, judgments, and liens % Impact of Amounts Owed on Accounts on Credit Score - Answer 30% portion of score based on the ratio of total credit extended to the amount of credit owed % Impact of Length of Credit History on Credit Score - Answer 15% portion of score based don the overall length of credit history in the...

Which cycle describes members who are just surviving and living paycheck to paycheck? - Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - Presenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - Communicates in an orderly, specific, and straight-forward way The Johari Window describes four zones. W...

• FIN 305 Week 5 Exam 3 Requires Respondus LockDown Browser + Webcam - Requires Respondus LockDown Browser + Webcam Due Feb 14 at 11:59pm Points 100 Questions 17 Time Limit 95 Minutes Requires Respondus LockDown Browser Instructions This test is set to end after 1 hour and 35 minutes. There are 5 T/F, 5 Multiple choice, 6 problems and one extra credit. Attempt History Attempt Time Score LATEST Attempt 1 71 minutes 105 out of 100 ! Correct answers are hidden. Score for...

GEB 3006 Exam 3 Financial Literacy Questions And Answers With Latest Quiz What two factors count for 65% of your FICO score? Payment history and outstanding debts Which company has developed the MOST commonly used credit score to evaluate an individual's credit? Fair Isaac Corporation You should try to achieve a FICO score of at least ________ in order to receive a top credit rating. 760

HUD EXAM PREP WITH COMPLETE SOLUTIONS HUD EXAM PREP WITH COMPLETE SOLUTIONS HUD EXAM PREP WITH COMPLETE SOLUTIONS Types of Credit Used - ANSWER-Student loan or credit cards only FAKO scores - ANSWER-purchase score which are educational score Fair Credit Reporting Act FCRA - ANSWER-what is in file/dispute/remove 30 days/remove bad 7 yrs/bk 10 yrs/access limited/damages from violators/state rights

1) A client would like to purchase a house within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? - Answer- Find a second job 2) Six months ago a client left a job as a reporter to start a business in the retail industry. To prepare to buy a house, the client closed credit card accounts and has been using savings to pay down credit card debt and collections....

THE ULTIMATE WISE TEST REVIEW QUESTIONS WITH COMPLETE SOLUTIONS What term describes the cost associated with borrowing funds? Interest What is the term for the highest balance you are allowed to maintain on a credit card? Credit limit What type of fee might some credit card companies charge for using their card? Annual fee What is the term for the minimum amount you need to pay on a credit card, expressed as a percentage of your outstanding balance? Minimum payment What i...

Types of Credit Used Correct Answer: Student loan or credit cards only FAKO scores Correct Answer: purchase score which are educational score Fair Credit Reporting Act FCRA Correct Answer: what is in file/dispute/remove 30 days/remove bad 7 yrs/bk 10 yrs/access limited/damages from violators/state rights Fair and Accurate Credit Transactions Act FACTA Correct Answer: free cbrs/fraud alert/truncate cc #s Fair Credit Billing Act (FCBA) Correct Answer: dispute bill error/mail 60 da...

HUD Exam Prep Questions and Answers 100% Pass % Impact of Account Payment History on Credit Score - Correct Answer ️️ -35% portion of credit score based on the payment history of accounts, including late payments, delinquencies, judgments, and liens % Impact of Amounts Owed on Accounts on Credit Score - Correct Answer ️️ -30% portion of score based on the ratio of total credit extended to the amount of credit owed % Impact of Length of Credit History on Credit Score - Correct Answe...