Credit Score Tid Bit

This tid bit was shared via Aja Williams, friend of the Debt Free Divas. We like to pass good information along. Enjoy!

 

If you’ve ever thought “how can I get my credit score up” or “Is my credit score good or bad?” Read on!
Credit Score is a combination of: 35% payment history, 30% amount you owe, 15% length of your credit history, 10% inquiry or new credit and 10% types of credit used. So how do you boost your credit score??? PAY YOUR BILLS ON TIME – 35%!
Credit Score rating breakdown:
Good score 675-719
Fair score 621-674
Poor score 620-below

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