Credit Score
How Credit Score is calculated?
The exact formula for calculating credit score is proprietary information owned by Fair Isaac Corporation (FICO). However, the following five factors and the approximate importance given to each factor are identified by FICO for calculating your credit score: Learn more...
What information is not included in Credit Score
We have already listed down the items included in the credit report that are used for evaluating your credit score. Now we round up on the information that is not included in evaluating your credit score: Learn more...
Credit Score breakdown
Credit Scores can range anywhere from 300 to 850, but the majority of credit scores usually fall within the range of 600 and 700. Learn more...
What is considered a good Credit Score?
There are no hard and fast rules as to what is a good credit score. Your credit score can fall anywhere in the range of 300 to 850. However, majority of FICO credit scores fall in between 600 to 700. Learn more...
How to improve your Credit Score?
Baffled about how you can possibly improve your credit score? Worry no more! The good news is that your credit score aren't the same forever. The scores change with the change in your credit report. This gives you ample of chances to better your score with time. Learn more...
Why Credit Score matters to you?
Your credit score can be safely termed as the miracle number. If it's high, red carpets are laid down for you and you are taken for a walk in the park. If it's low, you see the world in grey tainted glass. Learn more...
Range of Credit Scores
The following table distributes the percent of US population and the range of FICO scores attained: Learn more...
Who uses Credit Scores and how?
A number of credit reporting agencies offer consumers with credit evaluation. Three of these agencies are most popular and widely used by consumers. These agencies have different names for FICO scores. Learn more...
How and where to get the Credit Report from?
Now we will talk about how you can access your free credit report. Yes, that's right Fair Credit Reporting Act (FCRA) demands each of the consumer reporting agencies - Equifax, Experian, and TransUnion - to provide with a free credit report. Learn more...
How to correct errors in your Credit Report?
In case you find any errors or inaccuracies in your report; you need to immediately contact the consumer reporting company and the information provider. You must write to the consumer reporting company with all the relevant data proving the inaccuracy in your report. Learn more...
