Quote:
Originally Posted by Crowbob
They consider your monthly credit card bill. Even though you pay it off every month, if the ratio of credit card debt to total debt changes, so does your credit score.
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The funny thing is that there is no standard for the scores. The one you get from the credit card statement or the credit bureau is different from the one the banks & lenders use. Even there, one reporting agency comes up with a different score than another even though they use the same data. Each one has their own
secret formula. Credit scores are part data, part Ouija board.
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Joe
See Porsche run. Run, Porsche, Run:
`87 911 Carrera