Debtors Unite provides clear FICO credit scoring factors

APEX, N.C. - March 5, 2014 - PRLog -- Debtors Unite, Inc. has provided a comprehensive guide to understanding each of the credit scoring factors that are utilized by FICO credit scoring models. The purpose is to allow consumers the ability to fully understand the specific factors that have been most important in calculating their credit scores.

For example, a credit report may show that the score was impaired by factor 30 on Equifax, Experian or TransUnion reports. Debtors Unite has provided an explanation for "Time since most recent account opening is too short" as a part of this guide.

Some scoring products provide information about the leading 4 negative factors that made up an individual credit score. By matching the factor code, you can identify each factor as well as understand the reasoning behind it. There are even tips and techniques that you can use to neutralize many of the negative factors.

For more information about FICO credit scoring factors, Debtors Unite has provided the full list at http://www.debtorsunite.org/credit-score-factors-risk-codes/.