Thursday, June 29, 2017
 

Credit Scores Fully Explained

Colin Frederick gives a full explanation of Credit Scores. How they work, what they do, and how you can make sure yours benefits you. Learn it all here! Click ‘show more’ for the full transcript and bibliography.

The Transcript is available here:
http://www.colinfrederick.com/personal-finance/credit-scores

SOURCES:
Where to get your score:
https://www.annualcreditreport.com/index.action (Official Reports [Free once per year])
https://www.creditkarma.com/ (Unofficial free scores)

Credit Reporting Agencies:
equifax.com
experian.com
transunion.com

Credit Card Video Link:
((IN PROGRESS))

Bibliography:
http://www.myfico.com/CreditEducation/articles/ (FICO Primary Source [Probably the most important!])
http://www.scoreinfo.org/overview-of-fico-scores/fico-score-factors-guide/ (Determining a score)
http://www.federalreserve.gov/newsevents/press/bcreg/20080508a.htm (Risk Based Pricing)
http://www.fico.com/en/about-us#our_history (FICO History)
https://www.creditkarma.com/calculators/loan (Math!)
http://www.mortgagecalculator.org (More math!)
http://www.consumer.ftc.gov/sites/default/files/articles/pdf/pdf-0111-fair-credit-reporting-act.pdf (FCR Act)
http://www.myfico.com/CreditEducation/Questions/Establishing_Credit.aspx (Cross country credit)
http://www.myfico.com/CreditEducation/Questions/Foreclosure-Credit-Score.aspx (Foreclosures)
http://www.myfico.com/crediteducation/Questions/Bankruptcy-Types.aspx (Bankrupcies)
http://www.myfico.com/crediteducation/questions/Negative-Items-On-Credit-Report-Chapter-7-13.aspx (Negative impacts)
https://www.creditkarma.com/trends/state (American Scores)
http://www.credit.com/credit-scores/what-is-the-average-credit-score/ (FICO’s Avg)
http://www.bankrate.com/finance/credit/how-many-fico-credit-scores-do-you-have.aspx (How many scores you have)
https://www.creditkarma.com/article/age-of-credit-history (Details on account age factors)
https://www.creditkarma.com/article/hard_inquiries_and_soft_inquiries (Hand and Soft Inquiries FAQ)
http://www.nolo.com/legal-encyclopedia/can-prospective-employers-check-your-credit-report.html (Employers checking your report)
http://www.nolo.com/legal-encyclopedia/how-landlords-can-check-tenant-s-credit-report.html (Landlords checking your report)
https://www.esurance.com/info/car/myth-your-credit-score-doesnt-affect-your-insurance-rate (Car insurance affected by credit report)

The script was written using TextEdit on a 2014 Macbook Pro. Editing was done with Final Cut Pro X, and audio was done with Logic Pro X. Image adjustments were done with Photoshop CS6. All of this work was done solely by Colin Frederick.

Music Credits:
“Something Elated” in Something EP by Broke For Free
“Only Instrumental” in Directionless EP by Broke For Free

Image Credits:
https://openclipart.org/
http://cliparts.co
http://hyperboleandahalf.blogspot.com
http://www.memes.at
Video Rating: / 5

 

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