I recently checked my credit. Something I do every 6 months. Between the 3 companies (Experian, Equifax, and Transunion) I have 3 different scores.
We recently needed to buy a new vehicle. I went to my credit union and they offered me a higher interest rate because they use Equifax.
I went to a larger natinal bank that uses Transunion and they gave me a lower rate.
My debt to income ratio is 33%. Which is good. Lender said it was a solid healthy rate.
Asked by Anonymous at 3:25 PM on May. 6, 2010 in Politics & Current Events
Answer by Anonymous at 3:27 PM on May. 6, 2010
Answer by gdiamante at 3:30 PM on May. 6, 2010
Honestly I feel that a persons credit score is their own responsibility. Tips and tricks on how to up your score are easy to find and do. Each of those companies use their own formula on figuring the score but they all use the same basic info. We always check ours before we do any kind of credit app (800+ right now). The frustrating issue with credits scores isn't what interest rate you get on a loan but the fact that it can mean yes/no on a new job, yes/no on getting insurance.
Answer by emptynstr at 3:32 PM on May. 6, 2010
Answer by NotPanicking at 3:44 PM on May. 6, 2010
Answer by grlygrlz2 at 3:47 PM on May. 6, 2010
Answer by grlygrlz2 at 3:49 PM on May. 6, 2010
Answer by NotPanicking at 4:06 PM on May. 6, 2010
Answer by 29again at 4:49 PM on May. 6, 2010
Answer by SylviaNCali at 4:57 PM on May. 6, 2010
Answer by Anonymous at 5:50 PM on May. 6, 2010