HERE IS HOW TO GET THE PERFECT 850 score💎
Here is how the 850 Credit Score is Calculated
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Everyone Starts at 300 + 😐
There are 5 factors that make up your credit score...
1. Payment History= 192.5 points (35%)
New Score 😀 492.5
2. Utilization -165 points = (30%)
New Score 😀😃657.50
3. Age of Credit-82.5 points (10-12 years =15% ) New Score 😀😃😄 = 740
4. Mixture - 55 points (Revolving, Auto Installment, Personal Installment, Mortgage=10% = New Score 😀😃😄😆795
5. Inquires -55 points (3-5 max = 10% =
New Score 😀😃🤑😄😁🤑😆😀🤑= 850
Notice that 65% of your score is payment history and utilization. Pay your bills on time and keeping credit cards utilization under 30% is good, but in between 2-10% is excellent.
If you have derogatory items such as late payments, repossessions, evictions, medical bills ect. Those can be legally removed from leveraging the Fair Credit Reporting Act, even if you owe the debt. 💯🎯
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HERE IS HOW TO GET THE PERFECT 850 score💎
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