credit score: Your Credit Score And How It is Calculated
- 08/03/11 11:53 AM
Have you every wondered what your credit score is and how it is calculated? Here's the skinny.. Video Tip Your credit score is a 3 digit number that lenders use to predict your credit worthyness.Credit reporting companies calculate your score based on payment history, how much you owe, how long you have had credit and how often you apply for new credit. Because your credit score and credit report are constantly changing, it’s important to review them on a regular basis, at least once a year.
Since there are two main credit reporting companies in Canada, it’s a good … (0 comments)
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