If you have ever checked your credit scores from the three different credit bureaus you may have noticed that your credit scores are different with each credit bureau. While the same credit score could differ with different credit bureaus the fact is that there are different kinds of credit scores in use today as well. Full Article…
How to Get Your Credit Score
Your credit score is a three digit number that is used for the purpose off evaluating your creditworthiness before approving your credit application. Creditors and lenders are not the only people who use a credit score. These days’ even employers, utility companies, landlords, cell phone providers and even some medical centers check your credit score. Full Article…
Your Different Credit Scores Can Have Different Rating
Without a reference to the credit scoring model that has been used to calculate the score a credit score by itself is quite meaningless. If you do not know what the number or the grad means in terms of the high and low limits that the credit scoring model sets then a number by itself Full Article…
Why It Is Possible for You to Have More Than One Credit Score
In order to understand the reason as to why it isn’t just one single credit score you need to understand that different businesses used different credit scoring models to suit the business needs. The credit score used by a mortgage lender is not the same scoring model that may be used by automobile loan lender. Full Article…
Plus Score, VantageScore Now Available from Experian
You can purchase your Experian plus score from www.nationalscore.com. You also get information about various other scoring models from across the country. You can compare your score to different states and urban areas. Since all lenders do not use the same credit score it becomes important to know which credit score your lender is using Full Article…
Experian and Other Credit Bureaus Make VantageScore Available to Consumers
A new scoring model has been introduced apart from the FICO scoring model that is called the VantageScore. VantageScore has been developed with corporation between the three credit credit reporting bureau Experian, Equifax and TransUnion. This means that your VantageScore credit score will be the same in all the three credit bureaus provided that the Full Article…