What is debt to credit ratio needed for a superior fico, I hear 30 to 7 to 0 %, What should i keep hold of it at ?
Answers:
30% is the correct number and it make up 30% fo your mark not 10%. The correct breakdown is as follows;
1. Payment history 35%
2. Time surrounded by bureau 15%
3. New credit 10%
4. Type of credit 10%
5. Debt to credit ratio 30%
30% is the right number..
BUT.. thats 10% of how your chalk up is caluculated. My point.. it doesnt really miserable that much.
I own a median fico of 750 beside tons of debts, dozens of credit lines, business cards, Credit cards near especially giant income..not adjectives of my credit cards, business credits are mortal use at this point, but they are immensely glorious reduce. so it really depends on how much you receive, how much credit column you get, and if you're paying them prompt