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Posted in Paying Your Bills
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marksbrandon

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how r piubra figured when u past due account
Would like too know how the points r figured like how many points do u get for like paying of like a 600 debt like Howe the points figured for paying on bad debt

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Top Contributor
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Not all scores =

While the exact details of how the score is calculated are unknown, VantageScore has released the categories and proportions used.[4] What contributes to a positive score in each category, and to what degree particular data affect the score, is unknown. The score is meant to indicate the likelihood that a customer will pay the loan back on time and in a consistent manner; values which show behavior contrary to these are more likely to worsen the score, and vice versa.

Know that each lender may use a different formula, even FICO has many fornulas.  You can use the Credit Simulator here in CK to get an idea.

But unless you major in mathmatic and can get a job in one of the reporting industies you will never know exactly what something will do for a specific lender.

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