credit scores

Equifax compiles credit reporting data from many sources and creates a credit file that reflects your personal credit history including your FICO® score. A credit score is a number that helps lenders and others predict how likely you are to make your credit payments on time. Each score is based on the. The score also tracks the length of your credit history.. Of course, credit scores aren't the only thing lenders look at when making decisions.. Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. Your credit score determines how much you pay for life's needs. Find out about FICO and the Beacon system and get tips on raising your credit score. May 30, 2008. More than 160 million Americans would be able to learn their all-important credit scores at no charge -- and with no strings attached.