A good credit score can mean the difference between a low mortgage rate with conventional financing and a restrictive, higher-rate loan. There are five factors that impact consumer credit scores. They are listed here in order of importance: 1. Payment history has a 35% impact. Paying debt on time and in full has a positive [...]
Entries Tagged as 'Finance and Economy'
Credit Scores: The Five Factors of Credit Scoring
September 13th, 2007 · No Comments
Tags: Finance and Economy · Recent Posts

