I had someone today, who happens to have excellent credit, “why do I have three credit scores?” This legitimate question reminded me that, while I’ve learned everything about credit from my Credit Enhancement Guru Gary Novel, not everyone has gotten the crash course in credit that I have.
You have three scores because there are three separate credit bureaus that calculate your credit score based on slightly different algorithms. The fact is you have many more scores than just three, because your scores when buying a home are different than buying a car or opening up a new card.
If you want to learn more about credit, check out this article, then call me at 312-751-1333 for the #Free credit consultation every single caller will receive.
NMLS #: 136675