AGEC 235- exam 2 questions with correct answers
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 percentage of credit to use CORRECT ANSWER 0-9% what kind of credit checks dont reduce your score CORRECT ANSWER -checking your own score -request from employers -apartment complex
Información del documento
- Subido en
- 9 de noviembre de 2023
- Número de páginas
- 12
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas