Credit Scores Explained in One Easy-To-Read Chart
January 28, 2010 by Danilo Bogdanovic
Filed under Mortgage/Lending
Ever wonder why your credit (aka FICO) score is what it is? Do you think it’s lower than it should be especially since you’ve never had anything repossessed nor ever been foreclosed on? Well, here’s an easy-to-read chart explaining how not paying your credit card bills on time can effect your credit score (click chart to enlarge)…

(courtesy of SpendOnLife.com via AgentGenius.com)







