Credit Scores and Credit Reports
“What is a good credit score?” “What are the credit reporting agencies I should pay attention to?” These are questions people usually ask when it comes to credit scores in order to repair your credit fast.
When you apply for credit (credit card, an car loan, or a mortgage) lenders want to know what risk they’d take by loaning money to you. When lenders order a credit report, they can also can buy a FICO credit score that’s based on the information in your credit report. A FICO credit score is based on a snapshot of a credit report at a particular point in time.
This table is for illustrative urposes only. Individual cases very based upon current interest rate, credit score, and financial terms.
It is important to know that most credit scores on the internet are NOT the same scores lenders use. Over 90% of lenders use FICO Scores. The other credit scores out there are called “educational credit scores.”
We recommend pulling a credit report from a reliable source such as Annualcreditreport.com, Myfico.com or from a lender. Once you’ve obtain a copy of your credit report, contact Blue Water Credit for a risk-free consultation on how to maximize your FICO scores. We are headquartered in Sacramento California and also offer credit repair services in San Jose , credit repair in San Diego, Las Vegas, Los Angeles and many cities in the US.