Comments on: Credit Reports & Credit Scores – Choosing the Best One for You

By: Keith

Keith — Sun, 11 Dec 2011 11:56:07 +0000

What company would i use for a Canadian credit score?

By: Jeb

Jeb — Tue, 06 Jul 2010 06:03:17 +0000

There are three credit reporting agencies—Equifax, Experian, and TransUnion. Each credit agency keeps its own set of credit reports, so the information on each report varies. One of the most popular and comprehensive credit scores used by lenders is the FICO score. Created by the Fair Isaac Company in the 1950s, this credit score is calculated based on your payment history, your debt balances, the length of time you’ve had various types of credit, the variety of credit you have (credit cards, student loans, car loans, mortgages, etc.),

By: Mike

Mike — Tue, 15 Jun 2010 17:30:25 +0000

Bottom line is that if you want to maximize your FICO score, you need to borrow money. I think it is ludicrous that you have to borrow money to get a score. One who doesn’t borrow money shouldn’t need a FICO score to rent an apartment or get a mortgage. But, banks have done an excellent job of convincing us that the score is required, meaning we must all go into debt to do something as simple as rent an apartment. Financial responsibility is discouraged, going into debt is.

By: RateNerd

RateNerd — Tue, 28 Apr 2009 20:44:16 +0000

Keep in mind that when you have your credit pulled by a mortgage company, they use a different (slightly lower) score number than the FICO score you can get online. It creates confusion when folks think they have a 720 FICO and their lender tells them something lower. I never understood why a “mortgage FICO” was different, but it is.

By: OneMint - Economy and Your Finances - April 26, 2009 | OneMint

OneMint - Economy and Your Finances - April 26, 2009 | OneMint — Sun, 26 Apr 2009 08:02:14 +0000

[...] presents Credit reports and Credit Scores – Choosing the Best one for You posted at Money Smart [...]