Highest Beacon Score?


A beacon credit store is a credit store used by Equifax credit bureau to rank an individual's credit-worthiness. They are usually determined via a complex algorithm and they tell the lender how likely it is that the borrower will pay back the loan.
Q&A Related to "Highest Beacon Score?"
1. Go to annualcreditreport.com. This site allows you to access your credit report from all three major credit reporting agencies (Transunion, Experian and Equifax) but will not give
Answer In simple basics..none. Beacon is actually Equifax. Experian is Fico and Fico II. Trans Union is Empirica. Although all are now using NextGen. Experian=Fico Advanced Risk Score
The Fair Isaac Corporation developed the concept of credit scoring and the software and systems to do it, which is why your score is often called a "FICO" score. While FICO
When most people think of their credit score, they are thinking of the scoring system put out by the Fair Isaac Corporation. FICO scores range from 300 to 850. According to Bankrate
1 Additional Answer
Ask.com Answer for: what is a beacon credit score
What Is a Beacon Score on a Credit Report?
Most people know the importance of their credit reports. They realize that a positive report will help them get loans and open credit card accounts, while one that is filled with negative information will keep them from being able to get credit. However,... More »
Difficulty: Easy
Source: www.ehow.com
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