How Fico Scores Are Calculated
According to the Credit Bureaus here's how FICO scores
are supposedly constructed:
Approximately 35% of your score is influenced by account
history (how timely you've paid), 30% to current account usage (how much of your
credit is being used, with greater amounts being negative), 15% to length of credit
history (the longer the better), 10% to new credit inquiries and accounts (with
fewer being better), and 10% to the "credit mix" or variety of credit types present.
Scores range from 350 to 850, with the mean value score being right at 725.
Contact our customer service department with
any questions at: customerservice@americandebtnegotiation.com
Home | Our
Program | Online Application | FAQs
| Real Life Examples | National
Statistics
© American Debt Negotiation - all rights reserved
