How can a person get a 450 FICO credit score?
Posted in Fico Credit Score on 01/27/2012 09:51 am by
Question by Terrible C: How tin a mortal return a 450 FICO recognition mark?
Someone close to me has a FICO in the 450 range. I dont believe they filed a BK ever, but they are known for not paying bills and having chargeoffs. I’m trying to get an idea of what it would take to get a score that low, does anyone know? Example how many chargeoffs, deliquent accts, debt to income, etc etc to do this much impairment?
Best response:
Answer by Michael C
It’s not a number of how many they have, it’s a domino outcome. Debt to income ratio bad, chargeoffs, late pays, assemblage, etc. This mortal probably didn’t pay ANYTHING, and it will proceeds YEARS and YEARS to correct this.
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