Which Credit Score Do Lenders Use to Qualify Me For a Loan?Tony Banks asked: You have a credit score with the three main bureaus, Equifax, Transunion and Experian. Each bureau has come up with their own version of the credit scoring formula which is unknown to the public.This creates a situation where your three scores are highly unlikely to be the same. The credit score that [...] How does everyone feel about what the article below addresses?legend4real asked: Its long but well worth the read, it’s very informative. Equifax, Experian and Transunion have begun limited marketing of a new consumer credit scoring algorithm to Risk Based Lenders. According to David Rubinger of Equifax, the planned nationwide rollout to Risk Based Lenders is scheduled for July, and will be followed, approximately 9 [...] |