Credit Reports Scoring System

Sep 25
2010

credit reports scoring system
Credit score and reporting confusion?

Are the credit scores that I buy from the 3 main reporting agencies the same scored that would be reported to a company?

How can reporting agencies use different scoring systems and report different stuff in different places…or not at all?

How is this fair to the consumer?
Wow, the “life isn’t fair” answer.
I expect a better answer from someone at level 6.

Well with equifax the answer is yes… but with the other 2 companies the answer is no and your score can and will vary greatly. Its not fair to consumers and I wish someone would sue them over it…..

FrugalTech Live – 09-03-09 – How we got our modern credit scoring system


Your Credit Score: How to Fix, Improve, and Protect the 3-Digit Number that Shapes Your Financial Future, 2nd Edition


Your Credit Score: How to Fix, Improve, and Protect the 3-Digit Number that Shapes Your Financial Future, 2nd Edition


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“A great credit score can help you finish rich! Liz Pulliam Weston gives solid, easy-to-understand advice about how to improve your credit fast. Read this book and prosper.” –David Bach, bestselling author of The Automatic Millionaire and The Automatic Millionaire Homeowner “Excellent book! Insightful, well written, and surprisingly interesting. Liz Pulliam Weston…

Your Credit Score, Your Money & What's at Stake (Updated Edition): How to Improve the 3-Digit Number that Shapes Your Financial Future


Your Credit Score, Your Money & What’s at Stake (Updated Edition): How to Improve the 3-Digit Number that Shapes Your Financial Future


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“A great credit score can help you finish rich! Liz Pulliam Weston gives solid, easy-to-understand advice about how to improve your credit fast. Read this book and prosper.” David Bach, bestselling author of The Automatic Millionaire and The Automatic Millionaire Homeowner “Excellent book! Insightful, well written, and surprisingly interesting. Liz Pulliam Weston has done an…

How to Repair Your Credit Score Now: Simple No Cost Methods You Can Put to Use Today


How to Repair Your Credit Score Now: Simple No Cost Methods You Can Put to Use Today


$12.47


Your credit score affects every aspect of your financial life including qualifying for loans and mortgages, low interest rates, housing, employment opportunities, and even insurance premiums. Millions of Americans have negative, inaccurate, and unverifiable information on their credit report. Repairing your credit profile is one of the most important financial decisions you can make. You re about …


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