Which Best Explains What a Credit Score Represents a

1 Get Other questions on the subject. Your FICO Score ranges from 300 to 850.

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A number showing how likely you are to have more than one credit card.

. Simply put credit scores are used by lenders to measure. A three-digit numerical rating that reflects how likely you are to repay your debt. A credit score ranges from 300 to 850 and is a numerical rating that measures a persons likelihood to repay a debt.

Missing a car payment. This implies a numerical rating that expresses how likely you are to repay your debts. Good Credit Score.

Which best explains what a credit score represents. The higher the score the better a borrower looks to potential lenders. Make sure everything on your credit report is correct.

What does a credit score really tell you. Review your credit report each year. Higher credit scores correlate with better creditworthiness.

Which behaviors might lead someone to have a low credit score. A credit score is a number that represents a persons creditworthiness. A credit score refers to a statistical number that lenders or financial institutions use to evaluate a customers ability to pay back their debts.

FICO considers a score between 800 and 850 to be exceptional while VantageScore considers a score above 780 to be excellent Its possible to get an 850 credit score but its tough to achieve. Some factors include how much money you owe how long youve owed it how many new accounts you have how often you miss or are late with payments and what type of credit accounts you have. A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card.

670 to 739. Since then its been used to keep borrowers in line theoretically. Of the four answers B a numerical rating that indicates how likely you are to repay your debts is correct because the definition of credit scoreit is a mass of numbers designed to measure a persons financial reliability.

The higher your score the more creditworthy youre deemed. Therefore a credit rating is well defined in choice B a numerical rating that expresses how likely you are to repay your debts. You forgot to pay the cable bill.

One of the results of the 2010 golf of mexico oil spill is the threat to various species in the goths ecosystem it disturbed and in some cases forever altered the of the gulf coast. D A number expressing your yearly income. Credit scores range from 300-850.

Financial institutions often use a credit score rating before lending out money to their customers. Which best explains what a credit score represents. Paying your phone bill late.

Business 21062019 1830 preciadogabriel40. Changes in any of those factors may cause a score to go up or down. A credit score is a number between 300850 that depicts a consumers creditworthiness.

A credit score is a three-digit numerical rating that reflects how likely you are to fail at paying your debts A five-digit numerical rating that reflects how likely you are to repay your debt. Social Studies 22062019 0600 itsgiovanna. Which best explains what a credit score represents.

A numerical rating that shows how much money you have in your bank account d. Which of the following actions can NEGATIVELY impact your credit score. A higher credit score signals that a borrower is lower risk and more likely to make on-time payments.

The credit score was originally created by FICO or the Fair Isaac Corporation back in 1989. A credit score is based on information in your credit report. Which best explains what a credit score represents.

HERE THE ANSWERS. A numerical rating that expresses how likely you are to repay your debits. We have an idea of how the scores are calculated but only the credit bureaus know the exact calculation.

Which action can hurt your credit score. Which best explains what a credit score represents. Your personal credit score is built on your credit history.

B is the correct answer that best explains what a credit score represents. Consumers as the national average FICO score is 711 as of. Having a credit score between 670 and 739 places a borrower near or slightly above the average of US.

3 Get Other questions on the subject. Which best explains what a credit score represents. It is a collection of numbers used to measure the financial trustworthiness of a person.

Which best explains what a credit score represents. A numerical rating that expresses how likely you are to repay your debts. Credit scores are based on a variety of personal financial data.

A number expressing your yearly income. Credit scores are computed using a formula that considers factors such as payment history overall debt levels and the number of credit accounts the individual has open. Credit scores reflect how likely individuals are to repay their debts.

A decent credit score is essential for your financial well-being because the higher. Credit scores range from the low 300s to the mid 800s. What is product differentiation and how can it.

The best credit score and the highest credit score possible is 850 for both FICO and VantageScore models. Which best explains what a credit score represents. Credit scores indicate the likelihood an individual will repay hisher debt.

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