Equifax Experts (aka “I”)
EFX Moderator, EM
Diane Moogalian, vice president of operations, Equifax Personal Solutions
Richard F. Smith, chairman and CEO
Equifax Experts, you wrote
I usually get questions about differences in credit scores when a consumer is checking his or her credit report to make a big purchase—like a car—or to apply for a mortgage.
There are different credit score models available to lenders. Some use industry-weighted scores, and others use blended scores from all three CRAs. The lender determines which score model it prefers.
EFX Moderator, EM, you wrote
There are different credit score models available to lenders for things like mortgages and car loans. The lender determines if it prefers an industry-weighted score or a blended score from all three credit reporting agencies.
What is the name of a person or organization who provides “blended scores from all three CRAs”? What are the names of those scores (in your expert opinion)?
What are your names?
Drop everything and answer those questions today.
The Credit Scoring Site
PO Box 342
Dayton, Ohio 45409-0342