Share post
Share
Debt Consolidation Forums Credit Repair, Credit Score and Credit Report forums

Can I request a lender to use the credit score I prefer?

Date: Wed, 06/12/2019 23:54
member profile picture
Posts: 1
Credits: 0
[Donate]

How will I know the lender is using which credit score? Can I ask the lender to use the score which I prefer?





It's difficult to know that. You can ask your lender about it. Most lenders use FICO score. TransUnion and Equifax give educational credit score. But that is usually not used by creditors. There are 60 different credit scoring model since 2011. You can the lender to use the score you prefer. But they are not compelled to listen to you.

Sub: #1 posted on Thu, 06/13/2019 - 02:33

Nick Jonas Nick Jonas

(Posts: 425 | Credits: )

Usually, lenders use FICO score. However, you can ask your lender to confirm.

Sub: #2 posted on Fri, 06/14/2019 - 03:59

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

Yup most of them are using FICO score. It's hard to know why, but FICO score is quite trusted among the lenders.

Sub: #3 posted on Tue, 06/18/2019 - 02:22

tiarajoseph11 tiarajoseph11

(Posts: 467 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.975 seconds.