A LESSON IN CREDIT SCORES!

Credit Scores range from 350-850. Your credit score is made up of a list of things such as: 35% based on previous credit performance, 30% current level of indebtness, 15% time credit has been in use, 15% types of credit and 5% pursuit of new credit. Here's a tip--if you are carrying more than 50% on a credit card (ex. you owe 12K and your limit is 20K) it is best to split that up between two cards. Go to www.annualcreditreport.com to get your FREE yearly credit report!