What Is A FICO Score? What Does It Mean To Me?
By Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917
(Coldwell Banker)
The first step to purchasing anything with a loan or credit is a credit check. It could be anything from getting a new credit card, an automobile or a mortgage for a new home. Lenders who extend you credit regularly provide information to consumer reporting agencies about the type of credit account you have and how you pay your bills. This information forms the basis for your consumer report, which details your credit history as it has been reported to the credit reporting agency by lenders who have extended credit to you in the past. Every U.S. consumer typically has three reports, one at each of the three major U.S. consumer reporting agencies (Equifax, TransUnion, and Experian). Often, lenders report details of your credit history to more than one consumer reporting agency.I have had...
Comments
43