Doutor Score – How Do They Work?
Doutor Score is a complicated process and each of the 3 major creditrepositories have their own credit scoring models in place to determine aborrower’s credit score. The 3 main credit repositories are Equifax, Experian,and TransUnion. Equifax has credit scores that range from a lowest possiblescore of 300 and a highest possible score of 850. Experian has a range of340-820 and TransUnion 150-934. Just like computers have upgraded operatingsystems over the years such as, Windows 98, Windows 2000, and Windows XP, thecredit scoring system versions update periodically also. Not all lenders…
Read More