For the general public, FICO determines your score using five categories that are seen in the chart below. However, there are some groups where the categories may vary. For example, if you have little to no credit history, the calculations will be different.
720 is the average U.S. credit score, which means that half of the population’s credit score is higher than 720, and the other half of the population’s credit score is lower than 720.
Your Kentucky credit score is determined by multiple factors, including (but not limited to) timely payment record, the amount of debts owed, and your credit history.
If your credit score is suffering due to an overwhelming amount of debt, contact me today. You can text or call (502) 435-2593 to set up a free consultation, or email me at tracy@hirschbklaw.com.