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Understanding Credit Scoring 6 March 2019FLA member rate 465 + VAT Nonmember rate 625 + Accredit scoring is now the most common means of making consumer lending decisions. This workshop explores the
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Understanding credit scoring involves knowing how credit bureaus calculate credit scores based on an individual's credit history and financial behavior.
Everyone should have a basic understanding of credit scoring, but specifically individuals looking to improve their creditworthiness or apply for loans.
To fill out understanding credit scoring, one must educate themselves on how credit scores are calculated and how to improve their own credit score.
The purpose of understanding credit scoring is to help individuals make informed financial decisions and improve their creditworthiness.
Understanding credit scoring requires knowledge of credit report information, payment history, credit utilization, length of credit history, new credit accounts, and types of credit used.
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