What's In A Credit Score?
Have you ever wondered how your credit score is calculated? Which model do creditors use?
There are various credit score models which lenders use, however although there is no single way to calculate your credit score nor which model lenders use, we do know that there are 2 top models and how the credit score is calculated for those models.
Having a better understanding on how the credit score is calculated on these top 2 models, allows you to better evaluate your current credit score and make adjustments to improve your credit worthiness as you prepare to purchase your next home or investment property in the near future.
Oh, by the way®… if there is anyway I can be of service to you or your family during this time, please call me. I’m happy to help you however I can in a way that is healthy, safe and sanitary.