What to know about your credit score

October 24th, 2012 by Charles L. Norman

    Q: How is my credit score determined? A: 35% is payment history, 30% is amounts owed, 15% is length of credit history, 10% is new credit opened, and 10% is type of credit used. Q: What are the benefits of a good credit score? A: Lower interest rates on loans, which will save you money in the […]