Does Your Income Effect Your Credit Score?

Humberto Garay Humberto Garay

Humberto Garay

Owner at Credit Right Services

发布日期: 2021年12月13日
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CFA and Washington Mutual conducted a study on consumer awareness of the credit scoring system.


Here are interesting results from this study:

Understood that credit scores would increase when large balances were paid off

65 %

Understood that married couples do not have combined scored


57%

Understood that maxing out revolving account

would hurt a scores


56%

Knew that there are more than one score

45%


Were able to name the three major CRAs

23%


Believed their income affected their score

74%

Credit scores can be confusing, so you may not be aware of how your credit really works, and that's OK! In order to truly help your credit score, you must understand the way your credit works - that's why we are here to help!

We look forward to helping you achieve your goals, and provide better opportunities for you and your family. Give us a call. We are standing by, ready to help!


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