Re: Expanded "FICO High Achievers" (scores of 760 and above) characteri
07-26-2012 08:44 PM
Installment util: Most FICO High Score Achievers have paid down on average 35% of the original amount of the loan, in addition to the fact that on average they usually owe less than $1200 on their non-mortgage accounts (found on a search)
This means that if the original loan balance was $10,000, its optimal to owe 6500 or less?
or 3500 or less?