Fico 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...

It is important to make them feel __________ and __________ - Correct answercomfortable and welcomed __________ prompt someone to explore and analyze their emotions and feelings - Correct answer-Open-ended question __________ collect factual information - Correct answer-Closed-ended question Give __________ for responses time - Correct answer-time Questions should be asked in a ___________________________ way - Correct answer-non-judgmental It is important to ________________ your mentor...

UGBA 135 Midterm Correctly Answered Questions 2024. FICO Score - correct answer measure of consumer credit risk Highest FICO Score - correct answer 850 Factors determining FICO Score - correct answer Credit report is based on: -35% paying your bills on time over time -30% your debt-to-credit ratio ( borrowing money/ credit limit) -15% length of credit history -10% mix of credit cards and loans (like to see things other than credit card; Rent, any loan (e.g. leasing car)) -10% new acc...

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...

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 ...

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. 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 ...

What is MCL? Maximum Contaminent Level (MCL) A public water system is any system that serves a population greater that or equal to ? 15 services connections or 25 people regulary What is the Maximum total chlorine residual allowed by the Disinfectant-Disinfection By- Prouducts Rule 4 mg/l What type of contaminant is Iron? Secondary Which Primary Contaminant is sometimes added to water supplies to prevent tooth decay? Fluoride The Failure of a public water system to comply with the NM Dri...

Temario especifico de las oposiciones de auxiliar administrativo SAS para próxima convocatoria. Actualizado 2024/2024

1. What is an emergency fund and what is used for? - Answer- - savings to cover 3 to 6 months of living expenses in readily available cash to be used only in the event of an emergency (15% of the earnings paycheck) Standard Savings account What is our definition of a millionaire? - Answer- someone who can take care of themselves without help from a government agency, financially independent, live the life they want to lead What is the rule of 72? - Answer- How long it will take to double y...