Credit Scores

piggybank Credit ScoresYour Credit Scores. Understanding Credit Scores and the factors that go into determining your credit report score is the first step to securing your financial health. A poor credit score will cost you thousands of dollars in borrowing fees and expenses, and will cause you to get turned down for a credit card or loan. Your credit rating may even cost you a job, as many employers check your credit report as a condition of employment.

The credit score is determined by a number of factors which assess how you are as a credit risk. The primary factor in the scoring algorithm is your bill-paying history. Even a couple of late payments will negatively affect your credit score report.

Next, the credit scoring companies look at your credit utilization ratio, or your outstanding debt as a percentage of all credit available to you. Many personal financial experts recommend that you keep open old credit cards (assuming they don’t charge an annual service fee), so that you can keep those credit lines available and boost your overall borrowing power.

The credit report bureaus will also look at the number of “hard inquiries” on your credit report. The idea is that many credit applications over a short period of time may indicate some pressing need for money, rendering the consumer, at least in the eyes of the agencies, a greater lending risk. It should be noted that only “hard inquiries” count negatively against your credit score. “Soft inquiries” such as checking your credit report or score online, have no effect on your credit score.

Another factor used to rate your credit score includes the length of your credit history. Under this particular metric, you are rewarded for getting a credit card at an early age (assuming you have paid the bills on time). Many financial advisers recommend that you help your child obtain a charge card while in college, so he or she can get a head start on establishing a credit track record. Of course, the parent must determine that the child is sufficiently responsible to have a credit card.

Other factors that go into the calculation of your credit score include whether you have ever filed for bankruptcy or a foreclosure (bankruptcy has a devastating effect on your credit rating) and the variety of credit sources in your credit profile (a mix of credit cards, a car loan and a mortgage, is better than having only one type of credit).

Credit Scores are issued by the three credit reporting bureaus — Experian, Equifax and TransUnion. When you submit a loan application or apply for a credit card, the potential lender will request your credit profile from one of these three credit score agencies. Unfortunately, the credit report information used by one credit reporting agency in determining your credit score may not be reflected in the information used by the others. For example, you may have refinanced a mortgage or paid off a credit card balance. Your TransUnion and Equifax reports may correctly show the old mortgage as paid off and the credit card as up-to-date, while the Experian report may show the debts as still outstanding. The result will be that the Experian credit score in this example will be substantially lower than the other two scores. If the potential lender in this case happens to order your credit score report from Experian, you may be rejected or have to pay more for the loan.

So, it is important that when you review your credit score or report, you make sure that you are looking at your credit information issued by all three credit reporting bureaus. The triple credit score, also known as the 3-in-1 credit score or 3-bureau credit score, shows you your Credit Scores and report information as issued by all three credit reporting companies.

Many consumers are pleased with the Free Triple Credit Score provided by CreditScore360, which includes all three credit scores issued by Experian, TransUnion and Equifax. Here is a link to their site:

Get your Free Credit Scores from all 3 Bureaus Credit Scores

Ensure that you will have access to the best credit terms by staying on top of your Credit Scores.

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FTC testifies before Congress on Credit Report Errors





ftc credit report error testimony 150x150 FTC testifies before Congress on Credit Report ErrorsFTC Testimony on Errors in Credit Reports – The FTC announced on May 7, 2013 that it had testified before a U.S. Senate Commerce subcommittee regarding a recent FTC report which examined the accuracy of credit report information. FTC Testifies on Credit Reporting Accuracy Study, FCRA Enforcement, Credit Education

Maneesha Mithal, Associate Director of the FTC’s Division of Privacy and Identity Protection told the Subcommittee on Consumer Protection, Product Safety, and Insurance that credit report errors can cause consumers to be denied credit, or pay a higher price for loans.

Ms. Mithal explained to the subcommittee: “The Commission recognizes the importance of accurate and complete credit reports, both to businesses that use them to make decisions and to the consumers who are affected by those decisions.”

The December 2012 FTC study found that 26% of surveyed consumers reported a material error in one or more of their three credit reports. Half of the survey participants had their credit score revised after filing the dispute with the applicable credit bureau.

The testimony cited enforcement of the Fair Credit Reporting Act (FCRA) as a high priority for the FTC. Over the last ten years, the FTC has brought over 30 actions under the FCRA.

The testimony highlights the importance of reviewing your credit report to check for potential errors in your credit history.

Many consumers are pleased with the credit report and score report provided by Equifax, which includes all three credit scores issued by Experian, TransUnion and Equifax.

Here is a link to their site:

“Get Equifax 3 Bureau Credit Report and Scores Now!” FTC testifies before Congress on Credit Report Errors


Here are more pages that might be of interest to you:

About Your Credit Score
Your Credit Report and Score

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Your Credit Score

money32 Your Credit ScoreYour Credit Score – Understanding your credit score is the key to ensuring your financial health. Maintaining a good credit score — that is, personal credit scores of 720 or better — will give you access to the best financial products and borrowing rates.

Credit Report Scores range from 349 to 849. Banks and other lenders use the credit report and score to indicate how likely you are to pay your bills on time. Generally, those with higher a credit score are considered to be a better credit risk.

You can check your credit score free at a number of online sites. You will want to be sure that you are getting a Triple Credit Score, or 3 in 1 Credit Score. Only the three bureau credit score or Triple Credit Report provides you with an online breakdown of your credit rating as issued by Experian, Equifax and TransUnion — the three national credit bureaus. Credit reports issued by only one of the three credit score companies may omit important information contained in the information issued by the other two agencies, which may negatively impact your ability to get a loan. So, when you check your credit score, make sure you are checking your Triple Credit Score.

news Your Credit Score

Updated : Tue, 02 Sep 2014 06:31:24 GMT

How to build credit if you have a small income – USA TODAY

 Your Credit Score
USA TODAY
 Your Credit Score
How to build credit if you have a small income
USA TODAY
Building and maintaining a good credit score is one of the best moves you can make for your financial health. It might seem intimidating at first ? our credit scoring system is definitely complex ? but when it comes time to apply for a mortgage, you'll

Publ.Date : Mon, 01 Sep 2014 10:34:52 GMT

SocietyOne hands credit scores power to customers – Sydney Morning Herald

 Your Credit Score
Crowdfund Insider
 Your Credit Score
SocietyOne hands credit scores power to customers
Sydney Morning Herald
… in that becoming more aware about your credit score gives you more information, which is power," said Matt Symons, chief executive of SocietyOne. The P2P lender has been looking to attract high quality borrowers onto its internet-based matching
How good is your credit history?NEWS.com.au
Peer to Peer Lender SocietyOne to Offer Free Credit Scores to CustomersCrowdfund Insider
NEWS: GetCreditScore empowers Australians to get a better dealPRWire (press release)

all 11 news articles »

Publ.Date : Tue, 02 Sep 2014 01:21:51 GMT

Medical Debts Will Soon Weigh Less On Your Credit Score, But They\’re Still A … – Forbes

 Your Credit Score
Medical Debts Will Soon Weigh Less On Your Credit Score, But They're Still A
Forbes
Seeing a doctor should make you healthier. But what happens when the bill comes? If you are like one-third of Americans, you struggle to pay your medical bills. The number one cause of personal bankruptcy has less to do with spendthrift habits and a

Publ.Date : Tue, 26 Aug 2014 18:10:39 GMT

Maxing Out Card Might be Worth Temporary Credit Score Ding – Fox Business

 Your Credit Score
Maxing Out Card Might be Worth Temporary Credit Score Ding
Fox Business
I had just signed up and been approved for a credit card with a $300 limit. My credit score is in the mid 500s. The ONLY reason I applied for the card is so I can purchase a laptop for school (nothing fancy, I was thinking one that was around $300-$400).
My biggest credit card mistake: Experts share their storiesMSN Money
6 Surprising Reasons You Can't Get That Credit CardTIME
Six credit card tips for college studentsNooga.com

all 48 news articles »

Publ.Date : Tue, 26 Aug 2014 21:14:37 GMT

3 Ways to Improve Your Credit Score in Less Than 5 Minutes – Huffington Post (blog)

 Your Credit Score
3 Ways to Improve Your Credit Score in Less Than 5 Minutes
Huffington Post (blog)
If you are looking to buy a car, rent an apartment or take out a loan, you need to make sure that your credit score is at it's best. While it takes seven years for most derogatory items on your credit report to be removed, there are a few things you
3 Things That Won't (Or At Least Shouldn't) Affect Your Mortgage Pre-ApprovalThe Consumerist

all 4 news articles »

Publ.Date : Wed, 20 Aug 2014 16:52:59 GMT

Get your credit score online – Mackay Daily Mercury

 Your Credit Score
Get your credit score online
Mackay Daily Mercury
As of today, Australians can check their credit score online. The website, https://www.getcreditscore.com.au/, allows Australians to check their credit score and see what the banks know about their financial situation. If you score between 833 and 1200

and more »

Publ.Date : Mon, 01 Sep 2014 23:37:32 GMT

Credit Check: What\’s Your Credit Score? – Huffington Post (blog)

 Your Credit Score
NerdWallet (blog)
 Your Credit Score
Credit Check: What's Your Credit Score?
Huffington Post (blog)
Amounts owed — This is also known as your "debt utilization ratio." This amount, which is the second largest factor in your score, reflects how much of your credit limit(s) you're currently using up. Owing more than 20 percent of your total credit
Will FICO 9 Fix My Medical Debt?NerdWallet (blog)
Don't Expect Big Score Boost When Unpaid Debt Falls Off Credit ReportFox Business
4 Best Credit Cards for College StudentsTIME
News For Shoppers -Investopedia -AGBeat
all 18 news articles »

Publ.Date : Tue, 19 Aug 2014 23:34:48 GMT

The Most Important Part Of Your Credit Score – Motley Fool

 Your Credit Score
WBIR-TV
 Your Credit Score
The Most Important Part Of Your Credit Score
Motley Fool
The single biggest factor in calculating your credit score is your payment history, which determines 35% of your FICO score. However, there is more involved in this category that you may think. Here are a few tips to help you optimize the biggest part
5 credit score questions for every college kidWBIR-TV
New FICO Scoring Model Raises Your Credit ScoresThe Mortgage Reports (blog)
A Q&A on changes coming to FICO credit scoresRichmond Times-Dispatch
Washington Post
all 35 news articles »

Publ.Date : Sun, 24 Aug 2014 15:25:32 GMT

Here is more of the latest credit score news from around the net. Come back daily for the latest personal finance news.

rsslogo Your Credit Score

Updated :

Spend smart and score brilliantly: Improve your credit score with these credit card best practices
(BPT) – One of the questions most often asked about credit cards is how they can impact your credit score. With so many different types of credit cards now available, it?s no wonder consumers have lots of questions. Here are five credit card best …
Publ.Date : Mon, 01 Sep 2014 02:14:00 GMT

3 Ways to Improve Your Credit Score in Less Than 5 Minutes
If you are looking to buy a car, rent an apartment or take out a loan, you need to make sure that your credit score is at it’s best. While it takes seven years for most derogatory items on your credit report to be removed, there are a few things you can do …
Publ.Date : Wed, 20 Aug 2014 09:56:00 GMT

Five Factors That Impact Your Credit Score
With banks and RBI becoming more and more stringent about the loan eligibility of borrowers, you are probably aware by now that it is imperative for you to have a good Cibil score in order to qualify for a loan with an attractive rate of interest.
Publ.Date : Tue, 26 Aug 2014 23:53:00 GMT

The Most Important Part Of Your Credit Score
Most lenders use the FICO credit scoring model when making lending decisions. Unfortunately, the exact formula the Fair Isaac Company (NYSE: FICO) uses to produce the scores is a closely guarded secret. Not only that, but the formula is constantly being …
Publ.Date : Sun, 24 Aug 2014 10:45:00 GMT

They are changing the way they figure your credit score
The leading company which figures credit scores, FICO, is changing the way it determines your credit score. When implemented, the FICO score will not consider accounts that have been in collection after the bill has been paid or otherwise settled.
Publ.Date : Mon, 25 Aug 2014 15:54:00 GMT

How ?Travel Hacking? Can Help Improve Your Credit Score
Yesterday, I showed you how to get free airfare to almost anywhere in the world. Today, I?m going to take it one step further? Let?s say you already have the Chase Sapphire card I mentioned yesterday and you?re using it on your normal expenses.
Publ.Date : Sat, 30 Aug 2014 02:24:00 GMT

How Your Credit Score Determines Your Auto Loan APR
The importance of a good credit score can?t be understated when applying for any type of loan ? that much is certain, particularly when it comes time to buy a car. ?The credit score essentially paints a financial picture of a person, and helps …
Publ.Date : Wed, 27 Aug 2014 04:13:00 GMT

Get your credit score online
As of today, Australians can check their credit score online. The website, https://www.getcreditscore.com.au/, allows Australians to check their credit score and know what the banks know about their financial situation. If you score between 833 and 1200 …
Publ.Date : Mon, 01 Sep 2014 16:46:00 GMT

Triple Credit Score
Credit Score Range

The first step to ensure your financial health is to check Your Credit Score.

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Three Credit Scores

money21 Three Credit ScoresExperts recommend that you review your Three Credit Scores to get the most accurate view of your credit profile. By viewing your 3 Bureau Credit Score or 3 Credit Report Score, you will get all three credit scores from all 3 Credit Reporting Agencies. When you apply for a mortgage, refinancing, credit card or auto loan, the bank, charge card issuer of other lender will order your credit score from one of the three credit bureaus – Experian, Equifax and TransUnion. Each credit bureau uses its own credit scoring algorithm to calculate your credit scoring. It is important to review your Three Credit Scores from all 3 credit reporting agencies to get the most accurate view of your credit score.

Here is the latest Triple Credit Score news from around the Web. Come back daily for the latest credit score news.

news Three Credit Scores

Updated : Tue, 02 Sep 2014 06:31:25 GMT

New FICO Scoring Model Raises Your Credit Scores – The Mortgage Reports (blog)

 Three Credit Scores
WBIR-TV
 Three Credit Scores
New FICO Scoring Model Raises Your Credit Scores
The Mortgage Reports (blog)
There are tens of credit scoring models in use today, including the free credit report advertised on television and on the internet. For mortgage approvals, though, lenders use specific credit scores published by just three companies. These companies
5 credit score questions for every college kidWBIR-TV
Credit scores to improve with settled debt, billsPittsburgh Post Gazette
A Q&A on changes coming to FICO credit scoresRichmond Times-Dispatch

all 35 news articles »

Publ.Date : Mon, 25 Aug 2014 03:10:26 GMT

Too Many Americans Are Completely Clueless About How Credit Scores Work – Business Insider

 Three Credit Scores
Business Insider
 Three Credit Scores
Too Many Americans Are Completely Clueless About How Credit Scores Work
Business Insider
As tempting as it is to believe that credit card companies are pulling the strings, it's actually your actions (and not just those relating specifically to your cards), calculated through the algorithm, that determine your three-digit score. Your
Learn all about credit scoresJackson Sun

all 12 news articles »

Publ.Date : Fri, 29 Aug 2014 15:00:03 GMT

3 Ways to Improve Your Credit Score in Less Than 5 Minutes – Huffington Post (blog)

 Three Credit Scores
3 Ways to Improve Your Credit Score in Less Than 5 Minutes
Huffington Post (blog)
If you are looking to buy a car, rent an apartment or take out a loan, you need to make sure that your credit score is at it's best. While it takes seven years for most derogatory items on your credit report to be removed, there are a few things you
Helping Borrowers ? The Inclusion of Rent and Utility Payments in Credit ScoresNuWire Investor
3 Things That Won't (Or At Least Shouldn't) Affect Your Mortgage Pre-ApprovalThe Consumerist

all 4 news articles »

Publ.Date : Wed, 20 Aug 2014 16:52:59 GMT

Raise your credit score without lifting a finger – Washington Post (blog)

 Three Credit Scores
Raise your credit score without lifting a finger
Washington Post (blog)
The scores, which are based on a 300- to 850-point scale, are calculated using information from reports that are generated by the three major credit bureaus: Experian, Transunion and Equifax. A recent study by research firm CEB Tower Group showed that …
FICOs New Model Set to Improve Consumer Credit ScoresZacks.com
Your Money|Credit Scores Could Rise With FICO's New ModelNew York Times
Top Places To Get A Free Credit Score Or ReportInvestopedia
Green Bay Press Gazette -TIME -The Tennessean
all 247 news articles »

Publ.Date : Fri, 08 Aug 2014 19:27:16 GMT

How to improve credit score where better credit is due – USA TODAY

 Three Credit Scores
USA TODAY
 Three Credit Scores
How to improve credit score where better credit is due
USA TODAY
Go to www.annualcreditreport.com to request a free copy of your credit report from each of the three major credit bureaus: Equifax, Experian and TransUnion. Your credit report contains the information that is used to calculate your score. So you want
Get a Free Credit Report More Than Once a YearKiplinger Personal Finance
FICO's new model set to improve consumer credit scoresMarket Intelligence Center
FICO Score 9 to Narrow Credit Score DifferencesAuto Credit Express (blog)
Bloomberg View -TIME -AllGov
all 25 news articles »

Publ.Date : Sun, 10 Aug 2014 13:03:35 GMT

How to improve your credit score after late payments – Today.com

 Three Credit Scores
Credit.com News
 Three Credit Scores
How to improve your credit score after late payments
Today.com
Go to www.annualcreditreport.com to request a free copy of your credit report from each of the three major credit bureaus: Equifax, Experian and TransUnion. Your credit report contains the information that is used to calculate your score. So you want
5 Common Credit MythsHuffington Post

all 7 news articles »

Publ.Date : Tue, 05 Aug 2014 13:25:48 GMT

Credit Check: What\’s Your Credit Score? – Huffington Post (blog)

 Three Credit Scores
Investopedia
 Three Credit Scores
Credit Check: What's Your Credit Score?
Huffington Post (blog)
If you want to view your number (your score) for free, try Credit Sesame and Credit Karma — they don't give your FICO score, but they do give you scores from one of the three reporting agencies. They're completely free, unlike many other companies
FICO Credit Score Changes ? Will Yours Go Up?Investopedia
Don't Expect Big Score Boost When Unpaid Debt Falls Off Credit ReportFox Business
Will FICO 9 Fix My Medical Debt?NerdWallet (blog)

all 18 news articles »

Publ.Date : Tue, 19 Aug 2014 23:34:48 GMT

Credit Karma – Are There Strings Attached To Free Reports And Scores? – WFMY News 2

 Three Credit Scores
Credit Karma – Are There Strings Attached To Free Reports And Scores?
WFMY News 2
GREENSBORO, NC — Only four out of ten people know their credit score. But that three digit number can affects everything from how much you pay for car insurance and a home loan to whether you get the job you just applied for. Credit Karma now says it

Publ.Date : Thu, 21 Aug 2014 00:37:03 GMT

Here is more of the latest credit report and personal finance news:

rsslogo Three Credit Scores

Updated :

How Many Credit Scores Do You Need to Get a Mortgage?
You actually can still get a mortgage if you don’t have all three credit scores. Here’s how, and what to be prepared for. Rating From Each Bureau Lenders look to a homebuyer’s credit for the likelihood of a delinquency. The higher the credit score …
Publ.Date : Tue, 11 Feb 2014 00:13:42 GMT

Why Are There Three Credit Scores?
Generally, when people talk about your credit score, they mean your FICO score, developed by Fair Isaac to be a three-digit representation of the information in your credit report. Using this score, lenders will determine the likelihood of your default on …
Publ.Date : Sun, 18 Jan 2009 16:00:00 GMT

Think you have three credit scores? You may have 50 or more
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 …
Publ.Date : Tue, 19 Mar 2013 01:10:37 GMT

Do You Need 3 Credit Scores to Get a Mortgage?
You actually can still get a mortgage if you don?t have all three credit scores. Here?s how, and what to be prepared for. Rating From Each Bureau Lenders look to a homebuyer?s credit for the likelihood of a delinquency. The higher the credit score …
Publ.Date : Thu, 30 Jan 2014 03:25:37 GMT

3 credit score questions you never thought to ask
The answers might surprise you. 1. What are my three credit scores? When we hear chatter about credit scores on the news or from our friends, usually the talk is about a single, monolithic number. For instance, “My credit score is 700″ or, “It’s important …
Publ.Date : Sat, 05 Jul 2014 04:28:02 GMT

Three credit scores no longer needed for mortgage lending
The standard set by the lending industry is that three credit scores are needed for obtaining a mortgage. Reality? That requirement is no longer the benchmark. Securing a mortgage without three credit scores is doable, and here?s how: ? Credit score …
Publ.Date : Thu, 23 Jan 2014 22:49:43 GMT

How To Overcome The Most Common Barriers To Homeownership
The survey respondents cited several barriers to buying a home … (You?ll actually have three credit scores ? one with each bureau. Lenders generally look at the median score.) Most lenders consider a credit score above 740 to be healthy, while …
Publ.Date : Fri, 06 Jun 2014 07:58:14 GMT

Credit Score and Credit History Explained
Digital News Report ? During the recession credit the average credit score has been declining. According to a study released last year by Fair Isaac, millions of Americans have seen their credit score decline. There is an estimated 44 million people with …
Publ.Date : Tue, 22 Mar 2011 17:00:00 GMT

rsslogo Three Credit Scores

Updated :

How Many Credit Scores Do You Need to Get a Mortgage?
You actually can still get a mortgage if you don’t have all three credit scores. Here’s how, and what to be prepared for. Rating From Each Bureau Lenders look to a homebuyer’s credit for the likelihood of a delinquency. The higher the credit score …
Publ.Date : Tue, 11 Feb 2014 00:13:42 GMT

Credit scores to improve with settled debt, bills under FICO revamp
The three-digit credit scores compiled by credit bureaus play a significant role in everyday life because most lenders use the scores to decide whether or not to grant credit and at what interest rate. When overdue debt goes to a collection agency and ends …
Publ.Date : Fri, 22 Aug 2014 11:43:00 GMT

Do You Need 3 Credit Scores to Get a Mortgage?
You actually can still get a mortgage if you don?t have all three credit scores. Here?s how, and what to be prepared for. Rating From Each Bureau Lenders look to a homebuyer?s credit for the likelihood of a delinquency. The higher the credit score …
Publ.Date : Thu, 30 Jan 2014 03:25:37 GMT

New FICO Scoring Model Raises Your Credit Scores
For mortgage approvals, though, lenders use specific credit scores published by just three companies. These companies are Equifax, Experian, and TransUnion. Together, they’re known as the “major credit bureaus”. The specific credit models used by lenders …
Publ.Date : Sun, 24 Aug 2014 22:15:00 GMT

Student loan aftermath: educating graduates on the importance of credit scores
How concerning is it? The research found that only 40 percent of Millennials claim to have good or better knowledge about credit scores. Furthermore, only 65 percent of Millennials could name the three main credit bureaus. And fewer than half (47 percent …
Publ.Date : Mon, 01 Sep 2014 02:14:00 GMT

Three Bureaus, Three Scores: Why You Have Multiple Credit Scores
This post was contributed by our Financial Literacy Movement partner Lexington Law. According to FICO, the company that pioneered credit scoring, ?there will almost always be some minor differences in your scores across the three credit bureaus? If …
Publ.Date : Thu, 24 May 2012 08:46:19 GMT

Simon Says: Why You Have 3 Different Credit Scores
Q: I have three different credit scores with the three credit reporting agencies. Why is it that someone can have three different credit scores? A: Mike, this is common question, probably perpetuated by repeated TV commercials for companies that offer …
Publ.Date : Tue, 06 Aug 2013 12:38:34 GMT

3 Myths I Used to Believe About Credit Scores
During my time writing about credit and personal finance, I?ve learned a lot. And the more I learn, the more I realize how clueless I was about credit scores. My parents instilled in me smart financial habits, like saving up for big purchases and …
Publ.Date : Thu, 21 Jun 2012 17:23:28 GMT

Triple Credit Score

To ensure that you are getting the most accurate picture of your financial health, make sure that when you order your online credit report, you are receiving all Three Credit Scores

Many consumers are pleased with the Free Triple Credit Score provided by CreditScore360, which includes all three credit scores issued by Experian, TransUnion and Equifax. Here is a link to their site:

Get your Free Credit Scores from all 3 Bureaus Three Credit Scores

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Three Credit Bureaus

Three Credit Bureaus

money5 150x150 Three Credit BureausExperian, Equifax and TransUnion are the three major credit bureaus that issue your credit scores. Your credit scores are used by lenders to determine your credit rating (in other words, how you are as a credit risk). Consumers with higher credit scores will generally receive better interest rates, resulting in reduced borrowing costs. A poor credit score will increase the likelihood that the consumer will be rejected for a loan, or have to pay more to borrow money.

Each of the three credit bureaus uses its own algorithm to determine your credit score. Unfortunately, the information reflected in the credit score issued by one credit bureau may not be reflected in the credit score issued by another. The background data and information used by one credit reporting agency in compiling your credit history may be different from the information used by the other bureaus. For example, your Experian and TransUnion reports may show a credit card balance as paid in full, while the Equifax report may reflect the same credit card balance as still outstanding. Accordingly, in this example, your Equifax score would be lower than the scores issued by each of TransUnion and Experian.

So, it is important that when you order your credit report, you make sure you are getting the credit report scores issued by all three credit reporting bureaus. You should look at your 3 credit scores and reports (or 3-in-1 credit report) side by side to get your most complete and accurate credit score profile.

Check your triple credit score and report for inconsistencies, inaccuracies and other issues in your credit history as recorded by each credit bureau, and be sure to fix credit report problems before you are turned down for a mortgage or refinancing, car loan or credit card.

news Three Credit Bureaus

Updated : Tue, 02 Sep 2014 06:31:27 GMT

It\’s Disturbingly Likely That Your Credit Report Is Wrong – Huffington Post

 Three Credit Bureaus
It's Disturbingly Likely That Your Credit Report Is Wrong
Huffington Post
Jeffrey Beaubien likes to review his credit score on his birthday every year. The 47-year-old father of two has good reason to stay on top of his credit rating. In 2012, he says, he found out that the three biggest credit bureaus in the country had

Publ.Date : Mon, 11 Aug 2014 13:08:05 GMT

Credit scores to improve with settled debt, bills – Pittsburgh Post Gazette

 Three Credit Bureaus
Pittsburgh Post Gazette
 Three Credit Bureaus
Credit scores to improve with settled debt, bills
Pittsburgh Post Gazette
FICO Score 9, as it's been named, will be released to the three major credit bureaus this month. After testing and validating the new score, the credit bureaus will make it available to lenders later this year. Lenders must decide when they will begin
New FICO Scoring Model Raises Your Credit ScoresThe Mortgage Reports (blog)
5 credit score questions for every college kidWBIR-TV

all 35 news articles »

Publ.Date : Fri, 22 Aug 2014 18:47:47 GMT

Credit Karma – Are There Strings Attached To Free Reports And Scores? – WFMY News 2

 Three Credit Bureaus
Credit Karma – Are There Strings Attached To Free Reports And Scores?
WFMY News 2
Credit Karma only pulls a report from one credit bureau. So it's still important for you to go to www.annualcreditreport.com. They give free reports from all three credit bureaus: Experian, TransUnion and Equifax. And you should stagger those requests

Publ.Date : Thu, 21 Aug 2014 00:37:03 GMT

Experian, TransUnion start adding rent payment data to credit profiles – Los Angeles Times

 Three Credit Bureaus
Experian, TransUnion start adding rent payment data to credit profiles
Los Angeles Times
Because the landlord, phone and cable companies, and many other creditors don't report your payments to Equifax, Experian or TransUnion, the big three credit bureaus. In the all-voluntary American credit system, they are not required to report anything

and more »

Publ.Date : Sun, 10 Aug 2014 12:07:16 GMT

Get a Free Credit Report More Than Once a Year – Kiplinger Personal Finance

 Three Credit Bureaus
USA TODAY
 Three Credit Bureaus
Get a Free Credit Report More Than Once a Year
Kiplinger Personal Finance
Consumers are entitled to receive a free credit report annually from each of the three major credit bureaus: Equifax, Experian and TransUnion. It's the law. These free yearly credit reports can be requested online at AnnualCreditReport.com. But for
How to improve credit score where better credit is dueUSA TODAY
FICO Score 9 to Narrow Credit Score DifferencesAuto Credit Express (blog)
The Top Credit Reporting Bureaus: How Different?Investopedia
Market Intelligence Center -Fox Business -Bloomberg View
all 25 news articles »

Publ.Date : Tue, 12 Aug 2014 13:23:21 GMT

Your Money|Credit Scores Could Rise With FICO\’s New Model – New York Times

 Three Credit Bureaus
Tech Times
 Three Credit Bureaus
Your Money|Credit Scores Could Rise With FICO's New Model
New York Times
FICO credit scores, which have become consumers' financial passport to just about everything from rental apartments to most loans, are based on the information in an individual's credit reports, which are generated by the three major credit bureaus
Top Places To Get A Free Credit Score Or ReportInvestopedia
Raise your credit score without lifting a fingerWashington Post (blog)
Big changes in how widely used credit score treats medical debtDallas Morning News
Chicago Tribune -Tech Times -Zacks.com
all 247 news articles »

Publ.Date : Fri, 08 Aug 2014 14:10:54 GMT

Don\’t Expect Big Score Boost When Unpaid Debt Falls Off Credit Report – Fox Business

 Three Credit Bureaus
Investopedia
 Three Credit Bureaus
Don't Expect Big Score Boost When Unpaid Debt Falls Off Credit Report
Fox Business
Specifically, the seven-year clock for a charge-off starts ticking from the first reporting of this status to the credit bureau, which is usually about six months after the first delinquency leading up to the charge-off. … to recommend that you wait
FICO Credit Score Changes ? Will Yours Go Up?Investopedia
Credit Check: What's Your Credit Score?Huffington Post (blog)
Will FICO 9 Fix My Medical Debt?NerdWallet (blog)

all 18 news articles »

Publ.Date : Tue, 19 Aug 2014 14:40:22 GMT

3 Ways to Improve Your Credit Score in Less Than 5 Minutes – Huffington Post (blog)

 Three Credit Bureaus
3 Ways to Improve Your Credit Score in Less Than 5 Minutes
Huffington Post (blog)
The government allows each person one free credit report each year from each of the three credit bureaus (Equifax, TransUnion and Experian). You can get these reports from annualcreditreport.com. Look over each credit report for any errors. Each credit …
3 Things That Won't (Or At Least Shouldn't) Affect Your Mortgage Pre-ApprovalThe Consumerist
Helping Borrowers ? The Inclusion of Rent and Utility Payments in Credit ScoresNuWire Investor

all 4 news articles »

Publ.Date : Wed, 20 Aug 2014 16:52:59 GMT

Here is more of the latest news on the three credit bureaus and checking your triple bureau credit report:

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Updated :

NEWTOWN TOWNSHIP POLICE REPORT: Police respond to noise complaint, attempted burglary reported, driver faces DUI and underage drinking charges
Police advised the victim to notify the three credit bureaus and Social Security Administration to have an alert placed on her social security number. NOISE COMPLAINT – At 9:50 p.m. police were dispatched to Thornbury Lane for a complaint of a loud party …
Publ.Date : Mon, 01 Sep 2014 16:34:00 GMT

10 Step Checklist for Labor Day Car Shopping
If your credit score seems unusually low, and you’ve identified a mistake on your report, contact the three credit bureaus immediately to correct the issue. 3. Test drive ahead of time. Cast a wide net by feeling out a variety of car models within your …
Publ.Date : Thu, 28 Aug 2014 12:51:00 GMT

Why all Three Credit Bureaus Need Your Payment History
For 30 years prior to 2011, my wife and I paid off two mortgages though our local savings bank. Since that bank only reports to one credit bureau, our FICO score is low, even though we never missed a payment. Living in a new large city and trying to get a …
Publ.Date : Thu, 11 Oct 2012 06:09:03 GMT

Three credit bureaus equal three different scores
Do you know your credit score? Most people expect to see three identical scores when they purchase a three-in-one credit report and are often surprised when they don’t. To clear up the confusion, the reason the scores are not the same is because each …
Publ.Date : Tue, 08 Jun 2010 17:00:00 GMT

myFICO Introduces the Only Consolidated Report of FICO Scores and Credit Histories Across All Three Credit Bureaus
HEADLINE2Consumers can view a side-by-side comparison of their three FICO Scores and credit reports in a single place. SAN JOSE, Calif., Sept. 16, 2013 /PRNewswire via COMTEX/ — Amid a recovering U.S. economy, rising interest rates and stricter credit …
Publ.Date : Sun, 15 Sep 2013 17:00:00 GMT

Identity Theft Scammers Target College Students
Immediately notify your credit providers and notify each of the three credit bureaus. Also, you may want to fill out an online report to the FTC visit, www.ftc.gov/idtheft.?
Publ.Date : Fri, 29 Aug 2014 10:18:00 GMT

5 credit score questions for every college kid
Your credit reports (you’ll have one for each of the three credit bureaus) are then used to create your credit scores (again, one for each bureau, although they should be pretty similar). This is why it’s essential that the information on your credit …
Publ.Date : Sat, 23 Aug 2014 13:22:00 GMT

3 Ways to Improve Your Credit Score in Less Than 5 Minutes
First, you need to pull your credit report see if you have any errors. The government allows each person one free credit report each year from each of the three credit bureaus (Equifax, TransUnion and Experian). You can get these reports from …
Publ.Date : Wed, 20 Aug 2014 09:56:00 GMT

When you order your credit score, please make sure you are getting your credit scores issued by all Three Credit Bureaus.

Many consumers are pleased with the Free Triple Credit Score provided by CreditScore360, which includes all three credit scores issued by Experian, TransUnion and Equifax. Here is a link to their site:

Get your Free Credit Scores from all 3 Bureaus Three Credit Bureaus

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Triple Credit Score

money18 Triple Credit Score

Triple Credit Score


A Triple Credit Score is the essential part of a three-in-one credit report or 3-in-1 credit report that provides your credit scores from each of the three credit bureaus – Equifax, Experian and TransUnion.

Why is it important that you check all 3 credit scores and all 3 credit reports from all three credit score companies?  A typical credit report displays your credit information from only one credit reporting agency.

Unfortunately, when you apply for a car loan, look to refinance a mortgage or sign up for a new credit card, lenders may review any one or even all 3 credit bureau reports. For example, the information contained in your credit report score issued by TransUnion may not be reflected in the credit scoring issued by the other agencies.  This may cost you thousands of dollars in loan payments and fees.

So, it it essential that you review your credit scores contained in all three credit reports. The Triple Credit Score allows you to compare, side-by-side, your credit information contained in the credit report and score issued by each credit report bureau, so you can identify and dispute possible errors and inaccuracies, track late payments or judgments, see who has accessed your credit history, and gain an understanding of what factors affect your credit score.  You can also spot early signs of identity theft.  When you order a credit report and score, make sure that you are getting a Triple Credit Score.

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