Scores Not Included
Why You Want Your Scores
There are many reasons you might want to see your credit scores. If you are starting a credit repair program, you may wish to set a benchmark for your progress. And on a practical note, if there is a problem that can be addressed, it is best to know about it before making a loan application – rather than from a lender in the form of a denial.
Reports Without Scores
Much depends on your credit scores, yet it is neither simple nor easy to get them. This is an unfortunate reality. The FACT Act, passed in 2003 as an amendment to the Fair Credit Reporting Act, allows consumers to obtain a free credit report once every twelve months from each of the three major credit bureaus, Experian, Equifax, and TransUnion. As nice as this may be, these reports do not include your scores. And, unless you are trained, a review of your reports alone is not likely to reveal the subtle issues capable of influencing your scores.
- Introduction
- The History of Scores
- The Uses of Scores
- Scores Not Included
- Credit Score Confusion
- The Vantage Score
- Getting FICO
- Other FICO Score Names
- Bureau Score Differences
- When Scores Change
- Using Rapid Rescore
- The Nature of Scores
- Credit Score Numbers
- What is Included
- Payment History
- Amounts Owed
- Length of History
- New Credit
- Types of Credit Used
- What is Excluded
- FICO ’08 Changes
- Authorized User Accounts
- Building Credit for Scores
- Credit Repair Do’s
- A Credit Repair Invitation