New Credit Scoring System
The three credit reporting agencies have come up with a new credit scoring system.
Its going to be from 501 to 990 and there’s only going to be one score instead of 3 seperate scores. While on the face of it, it sounds like they’re simplifying it, I’m suspicious. Sounds like a way to generate more revenue since people like me will have to pay to get my score and make sure it stays high.
I just hate it when they change the rules as soon as you’ve figured them out!!!!
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March 21st, 2006 at 6:46 am
WOW! What does this mean? I it appears as though the rules might be changing a little too. I wish they would have done a better job explaining if you have a 750 under the old system it would probably be a ### score now.