Think you have three credit scores? You may have 50 or more

 

Source: Bob Sullivan, MSNBC

You probably know you have a credit score, and that score dictates much of your financial future. You might know you have three credit scores, thanks to aggressive advertising from companies that sell access to them.

However, those hardly scratch the surface of the collection of credit scores lenders might use to judge you.  There are, most likely, dozens of scores that might control your ability to get a mortgage, buy a car or obtain insurance.  Banks often use their own scores, tweaked versions of the FICO score that began the credit score craze. Auto lenders also have their own scores. So do car insurers.

Read Full Article: Think you have three credit scores? You may have 50 or more

Tags/Keywords

insurance, mortgages, credit, loans, debts, credit scores, lenders, fico

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