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Understanding Credit Scores

by admin

If you are like most people, you probably have heard of your credit score and believe that you have a single number sitting out there just for you. However, like almost everything dealing with credit and risk, there is a vast amount of grey area and variation. The truth is that consumers have three different credit reports that do not have to match one another and can therefore all deliver a different score, even if it is run through the same scoring algorithm.