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Test Your Knowledge of Credit Scores - Banker & Tradesman


Test Your Knowledge of Credit Scores
Too Many People Don’t Know the Details
By Lew Sichelman | Special to Banker & Tradesman | Dec 13, 2020 | Reprints | Print
Lew Sichelman
When it comes to credit scores, low-income folks have far less knowledge, according to the results of a recent quiz developed by the Consumer Federation of America and VantageScore. But even high-income respondents didn’t have all the answers. 
These days, everyone from your local utility to your cellphone carrier bases decisions on credit scores, at least in part. But they are particularly key for mortgage lenders. 
The difference between a high score and a low one can mean the difference between being approved or rejected for financing. And even if you do pass muster, borrowers with lower scores will usually pay more than those with higher ones.   ....

United States , Steve Brobeck , B Federal Trade Commission , Trans Union , C Consumer Financial Protection Bureau , Consumer Federation Of America , D Department Of Justice , Consumer Federation , Financial Protection , ஒன்றுபட்டது மாநிலங்களில் , டிரான்ஸ் தொழிற்சங்கம் , நுகர்வோர் கூட்டமைப்பு ஆஃப் அமெரிக்கா , ட துறை ஆஃப் நீதி , நுகர்வோர் கூட்டமைப்பு , நிதி ப்ரொடெக்ஶந் ,