Not only are
there multiple credit score calculating methods but there are also multiple companies managing your credit report and calculating your credit score.
Towns with multiple ZIP ™ codes were assigned only one credit score,
so multiple credit scores from these ZIP ™ codes were averaged together and weighted by their respective populations.
Since multiple cities had multiple ZIP ™ codes and
thus multiple credit scores, a simplified list without ZIP ™ codes was formulated by aggregating the data by city name and county.
It's expensive to
use multiple credit scores and for something like an auto loan and they must feel like, for the risk, that one score works pretty well in their modeling whereas with mortgages the amount is so large that they really want to look at all three scores from all three bureaus and get a really good composite.
Note that there are
multiple credit scoring models, with the two most prominent being the FICO score and VantageScore.
That's why we have
multiple credit scores.
There are
multiple credit score models, and the models vary by what you are doing.
Note that there are
multiple credit scoring models, with the two most prominent being the FICO score and VantageScore.
There are
multiple credit scores, including FICO and Vantage.
In reality, you have multiple credit reports and
multiple credit scores.
The first thing to note when asking this question is to understand that there are
multiple credit scoring models.
Did you know you have
multiple credit scores, and that for all the work you have done to build your FICO score there are actually many other factors that can affect loan approval?
But rather than providing just 1 cumulative credit score, each consumer can actually have
multiple credit scores — starting with 1 for each of the big 3 credit bureaus.
For example, more consumers understand that they have
multiple credit scores, not just one.
Also, there are
multiple credit scoring models based on scores from 300 to 850 and variations within each scoring model tailored for specific lenders.
That's why we have
multiple credit scores.
The multiple credit scores for cities with multiple ZIP ™ codes were averaged together, weighting each credit score by its respective ZIP Code ™ population.
When it comes to your credit score, one of the most important things to understand is that there are
multiple credit scoring models - each as unique as your fingerprint.
Note that there are
multiple credit scoring models, with the two most prominent being the FICO score and VantageScore.