Personal Credit Scores … See how lenders see you!
Credit … You have three credit or "FICO" scores, do you know yours? You have one score from each of the three national credit bureaus.
To lenders, your FICO credit scores measures your financial responsibility. The scores you receive are based on information contained in your credit history files.
Lenders use your FICO scores to evaluate your creditworthiness. The higher your score the more likely you are to be approved for the loan you want and at a lower interest rate.
How do your FICO scores affect your interest rate? Here is an example:
|FICO Score||Interest Rate|
Estimating is a big gamble. Use your exact score to know that you pre-qualify.