Little Known Credit Score Facts
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Little Known Credit Score Facts You Should Know By:
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There are three evaluation time frames you should know for your Credit Score. - http://goo.gl/3no5d4
Transcript of Little Known Credit Score Facts
Little Known Credit Score
FactsYou Should Know
By:
1st
the 12 Months
2nd
3rd
There are three evaluation time frames you should know for your Credit Score.
the 24 Months
the 48 Months
1st Time frame – 12 mos1
.O This Frame may be called as "Payment
time frame“, usually includes specialty programs for the credit consumers. The last 12 months worth of credit are the months reviewed by a lot of programs.
O Bad Credit stays on record for seven years. That's why we encourage you all to check credit reports at least twice a year to avoid problems in the future.
2nd - Time frame: 24mos
2.O This 24 months time frame involves more
mainstream activities such as group of loan programs which usually reviews the last twenty-four months of payment.
O You must be debt free as early as 24 months by having a part time job and save money by sacrificing some of your comforts.
3rd - Time frame: 48mos
3.
O 48 months of credit history is usually the less flexible among any programs. No programs really look into the last seven years of your credit history.
O By this time a Credit User should already know the value of checking his credit report regularly as well as updating each from the different bureaus.
