- Study guides, Class notes & Summaries

what is credit CORRECT ANSWER receiving cash, goods, or services with an obligation to pay later FICO score CORRECT ANSWER -attached to SSN -ranges from 300-850 -determines interest rates -predicts risk what are the three credit reporting agencies CORRECT ANSWER Equifax, Experian, TransUnion what 5 things make up your FICO score CORRECT ANSWER -payment history (35%) -amounts owed (30%) -new credit (10%) -types of credit (10%) -length of credit history (15%) whats a good perc...

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