UGBA 196

UGBA 196 - Final Exam 2023 Complete Debt to Credit Ratio Total balance on your credit cards and other loans compared to your total credit limit. 30% is ideal. (Pay down, charge less or have more cards/increase limits) 5 things that determine your credit score 1. Record of paying bills on time (35%) 2.Debt-to-credit ratio (30%) 3.Length of credit history (15%) 4.Recent applications for credit (10%) 5.Mix of credit cards and loans (10%) Highest FICO score 850 Best way to establish goo...

UGBA 196 - Final Exam 2023 Complete Debt to Credit Ratio Total balance on your credit cards and other loans compared to your total credit limit. 30% is ideal. (Pay down, charge less or have more cards/increase limits) 5 things that determine your credit score 1. Record of paying bills on time (35%) 2.Debt-to-credit ratio (30%) 3.Length of credit history (15%) 4.Recent applications for credit (10%) 5.Mix of credit cards and loans (10%) Highest FICO score 850 Best way to establish goo...

UGBA_135_Final exam Review 2023

UGBA 196 - Final Exam 2023 Complete Debt to Credit Ratio Total balance on your credit cards and other loans compared to your total credit limit. 30% is ideal. (Pay down, charge less or have more cards/increase limits) 5 things that determine your credit score 1. Record of paying bills on time (35%) 2.Debt-to-credit ratio (30%) 3.Length of credit history (15%) 4.Recent applications for credit (10%) 5.Mix of credit cards and loans (10%) Highest FICO score 850 Best way to establish goo...