Entrepreneurs Don't Have Average Credit Scores

Fair Isaac, the company that develops the formula to determine credit scores looks at the average statistics of consumers and factors that into your score, called a (FICO). According to Fair Isaac the average consumer will have: · One inquiry on their personal credit report in a given year· 54% of credit holders carry a balance of less then $5,000 on all debts other then a mortgage· Have access to $12,190 on all credit cards combined

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