04/14/2015
TIP OF THE WEEK: Do you know how your credit score is determined?
Your credit score is a mathematical model designed to predict credit risk, based on data contained with in your credit file.The information contained in your credit files changes over time and so might any new scores based on your data. For example, your credit score from a month ago may have changed if there has been any recent activity on your credit file. A number of factors can affect your credit score, including: payment history, public records, length of your credit history, any new accounts you may have opened, inquiries into your credit file, and how many accounts you have in use.