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Kylie Mathews had a poor credit rating and was unable to obtain finance without agreeing to pay higher credit interest rates.

For poor credit rating customers, getting a good credit interest rate is becoming a bigger problem during the recession. One fact to remember is that your individual FICO credit score has a directly proportional relation to the credit interest rate that will be offered to you (i.e. the better your FICO score the better the credit interest rate).

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As we experience a credit squeeze like never before, it is mandatory that consumers understand what a good FICO credit score is and how it can be improved for a better personal credit rating.

What is Your Fico Score Chart Made Up Of?

Primarily your Fico credit score is dependent on the following factors:

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