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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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LinkedIn Recommendation:
Liane Hengl - Director of eMarketing at Blue Galaxy - Teo is coaching me on communications and branding and helping with my business and social media plans. He is easy to work with and keeps me on track each and every week. He's a pleasure to work with. I recommend Teo for all of this type of work. - March 19, 2012, Liane was Teo's client |
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