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How Your FICO Credit Score Is Created
School of Wealth
English - April 07, 2021 07:00 - 54 minutes - 53.2 MB - ★★★★★ - 141 ratingsInvesting Business Education banking credit financial invest rich bank business debit debt entrepreneur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Tyler Bossetti: Securing Your Money Through The Right Financial Literacy
Next Episode: School Of Wealth Interview With Alliance Tax
Your FICO credit score somehow predicts your likelihood to pay debts and represents your overall creditworthiness. Anyone can go online right now and visit a website that can calculate this for you. But doing so will reveal a slight dilemma: why does your score vary from one website to another? Which one is the most accurate? How can you tell if your score is good for you or not? Rondi Lambeth explains on a recent Facebook live how FICO credit scores are created. He dives deep into the five areas of the FICO pie chart, discussing how to properly manage your credit cards and deal with your negative payment history.