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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:
 Steve Selengut - Senior Investment Instructor at Kiawah Golf Investment Seminars - Teo is the go to guy for web marketing approaches for professionals. His design and coordination of content have increased my website hits two or three times--- and we've only just begun. Teo has provided similar effective redesigns for my business associates. - February 1, 2011, Steve was Teo's client |
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