Home Credit Score How Is Credit Score Determined?

How Is Credit Score Determined?

209
0

Kredi puanları her insanın hayatında önemli bir yere sahiptir. Üniversite öğrencisiyseniz bile, kredi puanınız öğrenci kredisi almak için etkilidir (özel öğrenci kredisi için). Bu nedenle, yaşamlarımıza erken yaşlarda giren bu kavramı bilmek, bütçemizi finanse etmek için büyük önem taşımaktadır. Kredi puanı çok kapsamlı bir konudur. Kredi puanını belirleyen ve etkileyen birçok faktör var.

Kredi puanı nasıl belirlenir ve kredi puanını hangi faktörler etkiler?

Kredi notu, üç raporlama kurumu (Experian, Equifax ve TransUnion) tarafından hazırlanan kredi raporları yardımıyla hesaplanmaktadır. Bu kredi raporları, tüm krediyle ilgili işlemlerinizi içerir. Ancak, borç verenler veya alacaklılar, ödemeleri üç kredi raporlama kurumuna da rapor edemeyebilir. Bazı borç verenler veya alacaklılar ödemelerinizi üç raporlama kurumundan yalnızca bir veya ikisine bildirebilirler. Bu durumda, bu ödeme, kredi raporlama kurumunun ödemelerinizin bildirildiği kredi raporlarına dahil edilir, ancak diğer kredi raporlama kurumlarının raporlarına dahil edilmez. Bu nedenle, kredi puanınız , ödemelerinizin rapor edildiği kredi raporlama ajansı verilerine göre azalır veya artar, ancak diğer kredi raporlama ajanslarından elde edilen verilerle karşılaştırıldığında değişmez.

The other issue that should be known about three credit reporting institutions is; each credit reporting agency has a separate credit score calculation method and separate credit score ranges. Therefore, when you encounter your credit score, the credit score you receive from one credit reporting agency may be less or more than the credit score you receive from the other credit reporting agency.

The last issue you need to know before switching to the factors that make up the credit score; There are different types of credit score. FICO is the most preferred type of credit points by lenders or creditors. The other type of credit points effective outside of FICO is VantageScore. Make sure you have a FICO when you learn your credit score because VantageScore is usually higher than FICO points. It may not be accepted when you apply for a loan with a higher credit score.

  • Factors determining credit score;

Since FICO is the type of credit score that lenders and creditors pay the most attention to, it makes more sense to know and act on the factors that determine the FICO credit score. The main factors that make up the FICO credit score are;

  • Payment history – 35%,
  • Credit utilization rate – 30%,
  • Length of credit history – 10%,
  • New accounts & Credit queries – 10%,
  • Types of credit – 10%.

Payment history is the most effective factor. You must make your payments in full and on time. Your credit score will be significantly reduced if there is any delay or small amount of payment. It will remain on your credit reports for 7 years, and even if you comply with everything else, your credit score may remain low due to the problem with payments.  The person with excellent credit score has no late or underpayment in the last 7 years.

Loan usage rate indicates what percentage of your total loan balance you are using. For a good FICO score you need to be 30% and below. The general calculation should also give a maximum of 30% of the calculation for each credit or credit card. The credit rating of the person with an excellent credit score is less than 10%.Negative conditions related to the loan utilization rate are included in the credit reports for 7 years.

The length of credit history is non-risky for lenders and creditors. Lenders or creditors do not like the risky situations. The longer the credit history, the higher the credit score. Both the average age of total credits and the age of each credit or credit card must be high. The average credit score age of the person with excellent credit score is + 9.

New accounts reduce the total average age of loans. In addition, each new loan payment schedule is unclear and carries risks for lenders or creditors. Hard credit inquiries appear when applying for a new credit or credit card. These will lower your credit score. However, soft credit inquiries are the question of your credit score by you or the lender or creditor you have borrowed previously. This does not lower your credit score. Hard credit inquiries lower your credit score. Each new account that opens up to 21 accounts lowers the credit score, but the credit card with the perfect credit score is 21. Hard credit inquiries remain in credit reports for 2 years.

Kredi türleri arttıkça, kredi puanınız artacaktır, ancak alacaklılar veya borç verenler, bir tür krediniz varsa, paranızı iyi yönetmediğinizi düşünürler.

LEAVE A REPLY

Please enter your comment!
Please enter your name here