Pulled Equifax Report today and found this comparison to National averages included in file.Hope this will give everyone a more realistic idea of where they are vs. everyone else in the national average.I have only listed the National averages. See Below: ---------------------------------------------------------- Credit Profile as of 07/17/2001 --RMS Variables --BenchMarks of U.S. National Average Accounts Number of accounts that are open ( 5.7 ) Number of months the oldest account has been open(160mo.) --Payment History National Averages Number of accounts that are currently past due ( 0.6 ) Number of accounts that have been at least 60 days past due over the last 24 months ( 0.8 ) ---Utilization of credit limits Percentage calculation: Total of all account balances/total of all credit limits ( 44% ) Definition of an "Account" An account is a relationship with a credit grantor. Examples include home mortgages, student loans and credit cards. Number of accounts open This metric compares the number of accounts in your credit file reported as open to the U.S. population*. Number of months the oldest account has been open This metric compares the oldest open account in your credit file, measured in months from the date it was opened, to the U.S. population*. Number of accounts that are currently past due This metric adds the number of accounts in your credit file that are reported as having a balance that is currently past due and compares it to the U.S. population*. Number of accounts that have been at least 60 days past due over the last 24 months This metric reviews the payment status of each account in your credit file over the past twenty-four months. It sums the number of accounts that have a past due balance for the last sixty days in any one of the twenty-four month periods and compares it to the U.S. population*. Total of all account balances divided by the total of all credit limits This metric measures the utilization of your credit limit by dividing the sum of all oustanding balances by the sum of all credit limits and compares it to the U.S. population*. The metric expreses a value between 0% - 100% stating the percent of your total credit limits that have been accessed. *Derived from the Equifax Consumer Credit Database Equifax Consumer Services, Inc. --------------------------------------------------- VJ
