Question by MrsSchmidty: How do you find the final credit score from three scores?
My aunt received her credit report that has three credit scores from the three bureaus. How do you calculate them to get the final score? Do you average the three numbers?
Thanks!
She is just trying to find what her actual score would be. Do people usually just say their highest score?
Best answer:
Answer by Huntsman
You can’t.
Credit scores are there to confuse you so that you keep paying for them.
They all have different TIER systems
So that you can’t add them all together and divide by 3
Only if she got her fico score (with the same tier system) could she do this
^ and she didn’t get her fico scores
On top of that, all reports may contain different information – so you can’t take an average
Quick note: The score is not really that important.
What’s important is knowing the secrets of maintaining the best scores you can
Knowing things as never to carry credit card balances, and keeping items out of collections is important
A mortgage company will review the reports line by line, not focus on a 3 digit number
——
You can’t even say the highest score
Again, they all have tier systems
some are 500 to 990 and others are 350 to 850
So saying the highest number to anyone is really insignificant
A score of 700 in one may be rated good, but rated above normal in another
Again, all to confuse you – so you keep falling for the scam
What do you think? Answer below!