2015备考——英语六级长篇阅读匹配练习题

2015备考——英语六级长篇阅读匹配练习题Section B

[A] We apply for credit for many reasons-maybe it's to b uy a new car, house, computer, or get a student loan. Howeve r, that there is a special number that can determine whether yo u can do these things, or at least how much it will cost you.

A credit score is a number that is calculated based on your cr edit history to give lenders a simpler "lend/don't lend" answer for people who are applying for credit or loans. This number helps the lender identify the level of risk they may be taking i f they lend to someone. The credit score is quicker and less s ubjective. It's the credit score that makes it possible to get inst ant credit at places like electronics stores and department store s.

[B] Although there are several scoring methods, the metho

d most commonly used by lenders is known as a FICO becaus

e o

f its origins with Fair Isaac Corporation. Fair Isaac is an in dependent company that came up with the scorin

g method and software used by banks and lenders, insurers and other busine sses. Eac

h of the three major credit bureaus (Experian, Equifax

and TransUnion) worked with Fair Isaac in the early 1980's t o come up with the scoring method.

[C] The three national credit bureaus each have their own version of the FICO score with their own names. Equifax has the Beacon system, TransUnion has the Empirica system, and Experian has the Experian/Falr Isaac system. Each is based on the original Fair Isaac FICO scoring method and produces eq uivalent numerical results for any given credit report. Some len ders also have their own scoring methods. Other scoring metho ds may include information such as your income or how long you've been at the same job.

[D] Think of your credit score, like your grade in school.

A teacher calculates grades by taking scores from tests, home work, attendance and anything else they want to use, weighting each one according to importance in order to come up with a final single number (or letter)score. Your credit score is calcul ated in a very similar manner. Instead of using the scores fro m pop quizzes and reports you wrote, it uses the information i n your credit report.

[E] 35 percent of the score is based on your payment hist ory. This makes sense since one of the primary reasons a lend

er wants to see the score is to find out if (and how timely)yo u pay your bills. The score is affected by how many bills hav e been paid late, how many were sent out for collection, any bankruptcies, etc. When these things happened also comes into play. The more recent, the worse it will be for your overall s core.

[F] 30 percent of the score is based on outstanding debt. How much do you owe on car or home loans? How many cre dit cards do you have that are at their credit limits? The more cards you have at their limits, the lower your score will be. The rule of thumb is to keep your card balances at 25% or le ss of their limits.

[G] 15 percent of the score is based on the length of tim e you've had credit. The longer you've had established credit, t he better it is for your overall credit score. Why? Because mor e information about your past payment history gives a more ac curate prediction of your future actions.

[H] 10 percent of the score is based on the number of in quiries on your report. If you've applied for a lot of credit car ds or loans, you will have a lot of inquiries on your credit re port. These are bad for your score because they indicate that y