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What Makes Up Your Credit Scores? Part 4: Credit Mix

March 21, 2019 Shawn Lane Consumer Credit Expert Your credit scores are a tool lenders use to predict the risk of doing business with you. FICO credit scores specifically are designed to predict the likelihood that you will become 90 days late on any credit obligation within the next 24 months. When your credit scores are low, it can be …

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What Makes Up Your Credit Scores? Part 3: Length of Credit History

March 7, 2019 Shawn Lane Consumer Credit Expert You know your credit scores are important. They can make or break your applications for loans and credit cards. When you’re approved for financing, your scores can impact how much you’ll pay and the terms you are offered. Of course, you can know that your credit scores matter without understanding how they …