Added: 5 years ago
From: danthemortgageman
Views: 12,261
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  • All a FICO Score measures is your interaction with debt. It is composed of 35 percent payment history, 30 percent amount of debt, 15 percent length of credit history, 10 percent type of debt, 10 percent applying for new credit.

    So it really is the "I love debt" score because there is no way to have a great FICO score without getting into debt and staying in debt.

  • Great video, though I would have liked it more, had you clipped the front of the video. Great job though.

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