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What is the FICO system? A. A credit inventory system B. A credit history system C. A credit investment system D. A credit scoring system
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Asked 9/12/2010 3:32:42 PM
Updated 5/30/2016 12:51:29 PM
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Flagged by emdjay23 [5/30/2016 12:51:29 PM]
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User: What is the FICO system? A. A credit inventory system B. A credit history system C. A credit investment system D. A credit scoring system

Weegy: D. payment history ?
Expert answered|vinayak|Points 32|

Question
Asked 9/12/2010 3:32:42 PM
Updated 5/30/2016 12:51:29 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [5/30/2016 12:51:29 PM]
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FICO system is a credit scoring system.
Added 5/30/2016 12:51:21 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [5/30/2016 12:55:11 PM]
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Questions asked by the same visitor
If your credit score is too low, what might you do to raise it? A. Close all active accounts. B. Open new accounts. C. Reduce your total debt. D. Transfer credit debts to loans.
Weegy: B. Opening new accounts will help raise your credit score, especially if you make timely payments. Best thing to do if opening new credit card accounts is to use the cards but pay them off entirely each month. (More)
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Expert Answered
Updated 12/28/2015 6:40:16 AM
1 Answer/Comment
If your credit score is too low, you might REDUCE YOUR TOTAL DEBT to raise it.
Added 12/28/2015 6:40:15 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [12/28/2015 7:34:57 AM]
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