Wow there sure are quite a few myths out there when it comes to - TopicsExpress

Wow there sure are quite a few myths out there when it comes to your credit report! I love busting these myths though because your credit impacts your life and finances in so many ways! So lets address a big one today: MYTH: All credit scores are the same! FACT: You have more than 1 credit score – Knowing your score for a single report is not as helpful as it may seem. There are 3 bureaus that report on your credit: Experian, Equifax, and Transunion. All 3 of these report and assign you a credit score. Many lending institutions are looking for your “middle score.” This means that take each score assigned to you by the listed credit bureaus and throw out the highest score as well as the lowest. Whats left is your “middle score” and what they use to make a lending decision. BOOM! The more you know! ;)

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