Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If 680 is a perfect FICO score and you have no new credit but are perfect in all other categories, what would you estimate your

If 680 is a perfect FICO score and you have no new credit but are perfect in all other categories, what would you estimate your FICO score to be? Refer to theFICOdiagram to answer the question.

image text in transcribed
Drivers of Your FICO Score Types of credit 10% New credit 10% History of timely payments 35% Length of credit history 15% How much you owe relative to your avallable credit 30%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Theory And Practice Of Public Sector Reform

Authors: Steven Van De Walle, Sandra Groeneveld

1st Edition

1317500113, 9781317500117

More Books

Students also viewed these Economics questions

Question

Write the pseudocode before you write the solution code

Answered: 1 week ago

Question

What is job enlargement ?

Answered: 1 week ago

Question

what is the most common cause of preterm birth in twin pregnancies?

Answered: 1 week ago

Question

Which diagnostic test is most commonly used to confirm PROM?

Answered: 1 week ago

Question

What is the hallmark clinical feature of a molar pregnancy?

Answered: 1 week ago

Question

7. One or other combination of 16.

Answered: 1 week ago

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago