LA Real Estate Advice: Every Credit Score Is Not Created The Same

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Westside LA Real Estate Advice: While consumers are often reminded of the importance of a good credit score, there are lots of different credit scores circulating in the marketplace. Some credit scores sold to consumers by the big three credit bureaus — TransUnion, Equifax and Experian — are "educational" scores that aren't used by lenders, the CFPB says. The score you buy may be based on different information than the one used to consider your application for a car loan or home mortgage. Another possibility: The information used to calculate your score could change between the time you buy a score and the time you apply for a loan.