Highest Beacon Score?

Answer

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?"
Your credit score depends on several things. Some of the main things that will effect your credit score is how much outstanding debt you have and what your payment history has been
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Range Credit scores range from 350-850. The higher the score, the more creditworthy you are. A score of 720+ is considered to be good. Only 12 percent of Americans have credit scores
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A. credit score. is a numeric expression that helps lenders estimate the risk of extending credit or loaning money to people. The most common credit score is the. FICO score., a measurement
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Including the U.S. Experian compiles consumer reports on people in 15 nations and as of 2011, the firm has files on more than 400 million people. In the U.S. two other firms: Equifax
http://www.ehow.com/info_8128745_experian-credit-s...
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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