The article discusses options for viewing one's credit score, noting ways of viewing FICO scores, TransUnion TransRisk scores, and Vantage-Scores in light of information from the U.S. government's Consumer Financial Protection Bureau (CFPB) and advice on fixing errors in one's score.Blumenthal...
Why are my FICO and VantageScore credit scores different? A score is a snapshot, and the number can vary each time you check it. Your score can vary depending on which credit bureau supplied the credit report data used to generate it, or even when the data was reported. Not every credi...
Why spouses may have different credit scores Your spouse may have a different credit score because of your differentcredit histories. Information that is part of your individual credit history includes: Payment practices:Showing a history of consistent payments on time can improve your credit...
Why Your Credit Score Matters Credit scores are used to determine credit worthiness, which can affect your ability to buy big-ticket items like homes and cars, the rates you pay on credit cards, student loans, and even insurance policies. You may also be charged more for homeowner’s or re...
Identity theft can devastate scores, a good reason to monitor your credit report. You can get free credit report information through NerdWallet, updated weekly. You are also entitled to free weekly reports from all three major credit bureaus using AnnualCreditReport.com. Track your credit score wi...
Here are some of the most likely reasons you’re seeing a score change: You’re comparing different credit scores You may think that you have just one credit score, but the reality is that you have a few. So, when tracking your score over time, be sure you’re comparing the same type...
FICO says its scores are used in 90% of lending decisions in the U.S, so knowing your FICO score will give you a better idea of whether you'll qualify for a loan or line of credit. If you have a credit history, you actually have dozens of different FICO scores, which vary ...
What You Need to Know: The credit scores provided are based on theVantageScore® 3.0 model. Lenders use a variety of credit scores and are likely to use a credit score different fromVantageScore® 3.0to assess your creditworthiness.
Credit inquiries Errors on your credit report Credit limit decrease Closed credit account How do I stay on top of my credit score after a score drop? Key Takeaways There are many reasons why your credit score could have dropped, including late payments and recent credit inquiries. You sho...
utilization low on each individual credit account, the overall utilization across all accounts is equally significant. Moreover, credit utilization is not a static metric and can fluctuate as credit card balances are paid off or new credit lines are opened, thereby influencing credit scores over ...