Your credit (FICO) score is made up of timely payments (35%), what you owe versus your credit limits (30%), length of your credit history (15%), new credit/debt (10%), and what your mix of credit types are (10%).
800 is best score, and you need at least a 740 to get the best rates (mortgages, loans, credit card APR).
Jobless rate is now 9.4% (about 2.2 for insurance), and there seem to be hints that recession is ending.
The problem, however, seems to be that we could be in a stagnant economy for some time to come (consumers who account for 70% of our economic growth are still very wary about spending).
Harvey Dorland
Pacific Recruiting
936-597-6500 - direct
hdorland@ez2.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment