Remove 2006 Remove Credit Reporting Agencies Remove Credit Scoring
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Which Credit Score Do Lenders Use? 

CreditStrong for Business

Lenders choose scoring versions that work for their needs. VantageScore vs FICO Most people use the terms credit score and FICO Score the same way, but there’s more than one type of credit score. You’re more likely to use your FICO credit score though. People like students and immigrants.

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FICO Score vs. Credit Score: What’s the Difference?

CreditStrong for Business

Many aspects of the credit scoring system in the United States have remained virtually unchanged since the start of the 1990s, but it’s still a source of confusion for many Americans. In fact, roughly 40% of consumers report having no idea how credit scores work. What Is a Credit Score?

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FICO Score vs. Credit Score: What’s the Difference?

CreditStrong for Business

Many aspects of the credit scoring system in the United States have remained virtually unchanged since the start of the 1990s, but it’s still a source of confusion for many Americans. In fact, roughly 40% of consumers report having no idea how credit scores work. What Is a Credit Score?

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The Different Credit Score Ranges for the Ten(ish) Most Popular Credit Scores

Fundera

Your credit score is a three-digit number that gives potential lenders an idea of how likely it is that you’ll be able to pay off debt. The higher, the better: most credit score ranges begin at 300 and increase until 850. If you have a score of 850, you get a million gold stars and the best possible loan options.

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What is Alternative Credit and How Can It Help Borrowers?

tillful

Over the past two decades, the financial services industry has been gravitating towards a more comprehensive approach to credit risk assessment. Credit scoring models alone don’t tell the whole story, so companies are looking to alternative credit data to fill in the gaps. Here are a few examples.

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How Can Wells Fargo Small Business Loans Help You Succeed?

Fundera

Let’s take a look at the numbers : In 2006, small business lending was thriving, with the 10 largest banks issuing $72.5 It’s hard to quantify your character, but Wells Fargo does so with your personal credit score. In Wells Fargo’s eyes, “character” is on the personal side and “credit” is on the business side.