Compliance Program Train-the-Trainer - Credit Union …

Reports have shown a person with a 640 drop to a 555 because of a late payment. However, a person who had a 550 only dropped to a 540. You have to pay interest and revolve a balance to get the best credit score. Myth. FICO makes no distinction between the balances you pay off each month versus those you revolve. FICO simply looks at your ... ................
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