Posted on: 10th May, 2012 12:29 am
. It also can be scary that they also never agree. One bureau will report you higher and one will probably report you lower and it is hard to really know where you stand.
Hi jasmarshel!
Welcome to forums!
I personally believe that reading a credit report is not at all scary. You should remember that every credit reporting agency have their own guidelines regarding giving you a score. As a result of that, the credit scores vary from one credit reporting agency to another. Lenders will consider your middle score while giving you a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I personally believe that reading a credit report is not at all scary. You should remember that every credit reporting agency have their own guidelines regarding giving you a score. As a result of that, the credit scores vary from one credit reporting agency to another. Lenders will consider your middle score while giving you a loan.
Feel free to ask if you've further queries.
Sussane
Hi jasmarshel,
Sussane is correct in saying so. Different credit bureaus have different criteria to calculate your scores. The value given to each of the items in your credit report may be differ from one credit bureau to another. Thus, your scores will be different. You will get your loan depending upon the average of your credit scores.
Sussane is correct in saying so. Different credit bureaus have different criteria to calculate your scores. The value given to each of the items in your credit report may be differ from one credit bureau to another. Thus, your scores will be different. You will get your loan depending upon the average of your credit scores.
Start with the fundamental concepts on your assessment. Confirm that all of details offered under your private details. Although it won't really impact your credit worthiness ranking, it is important than detail is precise. If you see the detail that is not yours, then you will want to conflict with that details. Falsehoods can cause to someone using details to use of your private details.