Wednesday, August 10, 2011

How does credit scores work?

I was asked this question and I don't know the answer, I think I should or everyone should but I ain't got a clue! How does you score raise and what way are points added/earned? Example, lets say you have a monthly car/mortgage/credit card payment or something else, each month you make a payment does that add points to your credit score or is it done some other way? Thanks!

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