Credit scores are calculated based on information in a consumer's , a detailed record of their financial history maintained by the three major credit bureaus: Equifax , Experian , and TransUnion .
What is the difference between a credit report and a credit score? creditscores
A credit score is a three-digit number, typically ranging from , that represents a consumer's creditworthiness. Lenders use this score to evaluate the risk of lending money and to determine interest rates and loan terms. Key Components of a Credit Score Credit scores are calculated based on information in
The primary factors influencing most scoring models include: typically ranging from