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:
Rules of punctuation, capitalization, and spacing of English words were developed during the middle ages by priests and monks.
Explanation:
<em>Actually these rules were developed by scribes, that could be monks and priests, in the middle ages.</em>
Answer:
attention to supplies of weapons and gunpowder.
Explanation:
Chicago is a midwestern city that experienced a major fire during the late 1800s.
The Great Chicago Fire was a blaze that raged in Chicago, Illinois, in the United States, between October 8 and 10, 1871. Over 17,000 buildings and about 3.3 square miles of the city were destroyed by the fire, which also left over 300 people dead and more than 100,000 people homeless.
For many years, a goat that was once ejected from Wrigley Field was to blame for the Cubs' inability to go to the World Series. And for well over a century, the Great Chicago Fire of 1871 was started by a cow owned by Mrs. O'Leary.
The fire raged into the following day before ultimately being brought under control on October 10, when rain provided firefighting efforts a much-needed assist. An estimated 300 persons perished in the Great Chicago Fire, along with 100,000 more.
To know more about Chicago Fire refer to: brainly.com/question/12286595
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I belie that it is the Military Demarcation Line.
