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which credit score do you look at? the highest one or the lowest one? |
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Date:
May 6, 2007, 6:53 pm |
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which credit score do you look at? the highest one or the lowest one? |
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Answer:
Credit score is extremely important as it represents the major indicator of your creditworthiness. That's why when making a decision lenders first of all examine this three-digit number. The higher the score, the more chances you have to receive the best credit. As it happens there are three companies - the so-called credit bureaus - that provide information about your score. These companies are Equifax, Experian and Transunion. Their methods of scoring differ slightly, thus the numbers may differ too. Generally the lenders either look at the lowest score or take the middle rate. |
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