Consumers' understanding of credit ratings eroded during the last year, as reported by the seventh annual credit score survey, released by the Consumer Federation of America (CFA) and VantageScore Solutions, LLC. For instance, fewer people knew that credit ratings can be used by companies that ... » Learn More about Quite a few people today don’t fully understand credit ratings
Credit Scores
Credit Reporting Modification May Increase Scores
The three major credit reporting agencies have announced a substantial improvement in their credit reporting metrics which may both boost credit scores for millions of consumers and cause potential problems for lenders. Credit Reporting Modification May Increase Scores The Consumer ... » Learn More about Credit Reporting Modification May Increase Scores
