5 Simple Tricks For Boosting Your Credit Score

newsfeedback@fool.com (Matthew Frankel, CFP), The Motley Fool
Thu, 09/20/2018 - 3:17am

The FICO credit scoring model is the most widely used by lenders in the United States. Unfortunately, the formula used to calculate your FICO score is a well-guarded secret, and there's no way of knowing how much any specific credit behavior could affect you.However, we do know the basic composition of the FICO score, and we can use it to our advantage when trying to improve, maintain, or maximize our scores.

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Topics:  united   states   source   images   fico   credit score   formula   
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