Sentences with phrase «types of credit scores exist»

Banks and other businesses use credit scores to predict the odds a borrower will repay a debt, and although many other types of credit scores exist, the FICO score is easily the one most popular with lenders.

However, many other types of credit scores exist.

Note, other types of credit scores exist, but most lenders use FICO Scores.

Not exact matches

As you'll see below, these financial institutions use various scores from credit bureaus for different types of credit applications (for mortgages, credit cards, etc.) and sometimes even combine existing data to create their own scores.