Credit is easy to get but very difficult to fix if you abuse it. A poor credit rating or delinquency stays on your file for 7 years. Make sure you understand credit and set yourself up for success.
Your credit rating is called a beacon score. Beacon Scores are calculated from a lot of different credit data in your credit report. This data can be grouped into five categories as outlined below. The percentages in the chart reflect how important each of the categories is in determining your score.The Scores range from 300-900 with 680 plus being goal!
I have been working in credit since 1988 so I would be happy to discuss your personal situation anytime, cheers