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What is the credit score rating system and explanations?The credit reports/scores have a point system and abriviations like EFX Beacon 5.0, XPN FICO-II and TUC FICO Classic.Is there a giude or a publication that provides all the details as to how the system works,the credit score system and what are the methodology for correction of mistakes/incorrect/ time expired entries on record of the three Bueau.

Question: What is the credit score rating system and explanations?The credit reports/scores have a point system and abriviations like EFX Beacon 5.0, XPN FICO-II and TUC FICO Classic.Is there a giude or a publication that provides all the details as to how the system works,the credit score system and what are the methodology for correction of mistakes/incorrect/ time expired entries on record of the three Bueau.



Answer: -This system is getting ready to change anyhow, so donbt take the time to study it hard. They are moving in the direction of a more standardized scoring system! -Ok well i dont know what to say to ya but its good bussiness.im geting 2 points. -Credit score runs from 300 (bankrupt) to 900 (perfect). Try wikipedia or freecreditreport.com for the other information.

 


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