Archive for the 'Credit Score' Category

Credit Agencies Introduce New Scoring System

March 15th 2006 | Categories: Credit Score |
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If, like me, you’ve ever struggled to understand why your credit score is different depending on which credit agency you pick (Equifax, Experian and TransUnion), you’ll be interested in this news.

The big three firms have banned together to create a simpler, more consistant score. According to MarketWatch.com, experts disagree on what causes the discrepencies in the current scores - from bad data to different risk models. The new scoring system is supposed to eliminate that. (Keep reading →)

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