3 Major Credit Reports
Under the FACT Act that was signed into law in 2003, every person is entitled to get a free copy of his/hers credit report from each of the three major credit bureaus – Experian, TransUnion and Equifax every 12 months. …
Tag: credit building
After 7 Years Debt Erased?
Does after 7 years debt erased? A question I get too often. The answer is NO. Debts never go away. People simply confuse between Credit Reporting Time Frame and the Statute Of Limitations (SOL), which are completely different. Credit Reporting …
Auto Loan Credit Scores
There’s a difference between your normal/classic FICO Score, and the score car dealers graded you when you apply for car loan. Auto Loan Credit Scores were developed by Fair Isaac (the same company that developed the classic FICO) especially for …
Average US Fico Scores
While the average Fico score in the United States is 634, the score between states can vary considerably. Here is the distribution of the Average US Fico Scores by state and age, as of 11/1/2015. Because the average credit score …