Learning Center

There are three main credit bureaus. Each bureau keeps their own set of records. While each bureau works a little differently the concepts and techniques are the same. Your creditor can choose not to report to any of the bureaus or can report to any combination of the three. In some areas of the country some bureaus are more often utilized. We will focus on all three bureaus to obtain maximum results.

• Equifax www.equifax.com
• Transunion www.transunion.com
• Experian www.experian.com

Credit scores are a numerical value assigned to your credit report. Higher credit scores = better credit. While the credit bureaus say the range is from 450-850. The highest I have seen is 820 and the low 480. The bureaus don’t disclose their secret formula for determining a credit score but after years of experience and speaking to many credit experts I will reveal several useful hints to help improve your score. Here is a brief summary of credit scores and how they relate to obtaining credit and low rate offers:

help and advice from the Federal Trade Commission

• Lower Home Mortgage Rates
• Low Car Payments
• Cheaper Insurance Premiums
• 0% Credit Card Offers

Improve your credit situation and save many thousands of dollars a year!