What is a Credit Score?
A credit score is a number that measures a person’s credit risk. This number is an indicator of how creditworthy a person is, and is used in a multitude of business and financial scenarios.
Credit scores are determined by mathematical and statistical computations based on a person’s credit information and history. Most often this is calculated through a mathematical computation known as the Fico score. Another competing scoring system is called Vantage.
The three major credit bureaus are Equifax, Transunion and Experian offer credit scores in their services. You’ll also find ConsumerInfo, Privacy Matters, and CreditCheck Total, TrueCredit products. The website found at www.creditreportcamp.com lists many of the major credit bureaus.
