Payment history is by far the most important factor of your credit report. It's essential to pay your bills on time, every single time. Any late payment is going to have a significant effect on credit scores. Your payment history accounts for about 35% of a credit score.
Utilization, which is the balance-to-limit ratio on your credit cards, is the second most important criteria. You never want a balance to be higher than 30 % of the credit limit on a single credit card or in total. To determine your utilization rate, add up all of your balances and all of your credit limits and divide the total of your balances by the total of your limits. That percentage should not be more than 30% as a maximum. The lower the percentages, the better. It's ideal to pay your balances in full each month. Length of credit history, which is based on the length of time each account has been open andyour credit mix, which is the different kinds of accounts you have including mortgage, credit cards, auto loans, etc. Having a variety of credit types can increase your score slightly, but you should not apply for a number of accounts all at once to try to improve this element. Doing so will do more harm than good because of the next element.
Recent activity looks at how much credit you've received or applied for in recent months. Specifically, it will look at if you have applied for new credit in the past 3-6 months, new inquiries, and whether you are paying off accounts or taking on more debt.
Overall capacity, such as how much installment debt is outstanding.
If you get a credit score, it will list the risk factors that are most affecting that number. You should focus on those factors and address those issues on the credit report and your scores will take care of themselves.
Answer:
After major Union victories at the battles of Gettysburg and Vicksburg in 1863, President Abraham Lincoln began preparing his plan for Reconstruction to reunify the North and South after the war’s end. Because Lincoln believed that the South had never legally seceded from the Union, his plan for Reconstruction was based on forgiveness.
Explanation:
Answer:
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Explanation:
Answer:
Executive Order 8802 was signed by President Franklin D. Roosevelt on June 25, 1941, to prohibit ethnic or racial discrimination in the nation's defense industry. ... Many citizens of Italian or German ethnicity were affected by World War II and this was impeding the war effort and lowering morale.
Explanation:
Hi there,
The correct answer to this is false.
After the civil war happened, Lincoln was
arguing about the Proclamation of Amnesty and Reconstruction. He basically felt more forgiving. This is why this is false.
