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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: Wynell Kennaugh - Senior SEM Consultant at Colonial Movers - If you are looking for a social media guru, this guy's it! I am wondering why he doesn't have his own plane. He doesn't... I asked! I hope he makes it out my way! Would love to meet him! Highly recommended for anything with social media marketing, programming and even general knowledge on just about anything. The guy is well read! - March 17, 2012, Wynell was Teo's client

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