Posts Tagged ‘Credit Scoring’

How can I find out my credit score I would get if applying for a mortgage vs. my FICO?

thatblissguy asked: I know that the calculations used by lenders for a mortgage differ from Fair Isaac (FICO). I have TrueCredit (by TransUnion) triple credit monitoring which gives me unlimited access to all three of my credit reports (TransUnion, Equifax, and Experian) AND my FICO scores. I am preparing myself for a refinance and I [...]

Why have a Credit Score?

starsbrnred asked: Here is my question: Why must we have credit scores to determine trustworthiness? Here is my reasons: Aside from the unapproved monitoring of personal purchasing actions and accounts- Why do we “trust” people who have gone into debt over those who have not? I understand that good credit means you are good at [...]