Lesson 4 - How Your Credit Score is Determined

Lays out how a person's credit score is determined by the three credit reporting agencies.  

Ever wonder how your credit score is determined? It gets back to the credit report mentioned in Lesson 1. Here’s part of what you’ll learn. A history of late payments lowers your credit score because it suggests you are less likely to repay debts. But a history of on-time payments raises your credit score because it suggests you are more likely to repay debts. Guess which is better.

Related links:
How your credit score is calculated.
http://time.com/money/collection-post/2791957/what-is-my-credit-score/

Credit score calculator.
http://www.calcxml.com/calculators/credit-score-calculator