Tuesday, May 3, 2016

10 facts about credit score

There are many facts about credit score but here are the top 10 facts about credit score.
1) If a person have high credit score that means they will earn more money.
2) Your credit report will drop if you settle a debt.
3) credit score and report are the different.
4) A persons credit score improves if they close their credit card.
5) If a person looks at their credit report again and again then it will lower their credit score.
6) A persons credit score will decrease if they don't pay their bills or any payments on time. 
7) A person can't have FICO credit score without credit history and for that they have to apply. 
8) Credit score affectes more than credit. 
9) Late payments are not usually reported until 30 days overdue.  
10) A person can always improve their credit score.

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