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What is a true credit score these days?

Updated: 8/20/2019
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11y ago

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A true credit score currently can range anywhere from 0 to 800. Someone that has recently declared bankruptcy, for example, would have a score close to 0 while an international banker with connections to the major world governments might have a score close to 800.

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11y ago
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Q: What is a true credit score these days?
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How can you get your true credit score?

You can get your true credit score by going on a website. You can also ask your bank accountant for your credit score. Usually a low number is better than a high one.


Who can give you your true credit score?

You can get your true credit score from any of the three credit companies, Equifax, Transunion and Experian. Any of these three will give you a free credit score once a year. You're entitled by law to it.


Where can you find your true credit score?

You have three credit scores you need to take into consideration to get your average "true score". You can request a free credit report online to get instant access to your information.


If the amount Kelsey owes is close to her credit limit it will negatively affect her credit score true or false?

true


How can you figure your credit score?

The true formula for a credit score is a highly guarded secret. Therefore, you can't figure it; you have to pay someone to tell you what it is.


Does a credit score increase after succesfully disputing creditors?

If you get a derogatory report off your credit, your score should improve 30-60 days.


Where can you get your true credit score?

There are many places online where one can check their credit score. One such place is on the TrueCredit website which can provide you with a free credit report through TransUnion.


How long before piggyback credit would effect credit score?

30 to 45 days


Is it true that one late payment can lower your credit score?

Yes


If you pay a collections account in full and have no credit cards or other debts how soon can your score go up?

paying off bad credit will take about 60 days to have an effect on your credit score. But, if you don't have any credit cards you will never have a good credit score because no one is giving you credit.


How do you define credit score?

More often than not, potential creditors look at your FICO score. Other companies offer `credit scores' that use varying algorithms to determine your `score', but they may vary widely from your true FICO score.


How can viewing ones credit report effect their credit scores?

A misconception is that if a person views his or her credit score, it may go down. That is not true. The reality is, the score can be affected if other company make excessive requests for a person's credit information.