How do credit bureaus come up with scores?

Answer When people apply to borrow money through loans or credit cards, the lenders try to figure out how likely that person is to pay the money back. They do this by consulting the credit bureaus, which ... Read More »

Top Q&A For: How do credit bureaus come up with scores

How to Monitor All Three Credit Bureaus & Scores Monthly?

The three primary credit bureaus, Equifax, TransUnion, and Experian, all receive and report slightly different information on your credit report. They also calculate credit scores, the three digit ... Read More »

Upon cancellation delinquent travel charge cards may be reported to credit bureaus or similar entities and can affect your credit rating?

When do overdue credit cards get reported to credit bureaus?

The reporting dates of late payments to the credit bureaus vary based on each lending institution's own policy. Some companies report late payments at 30 days after a cardholder misses a payment, w... Read More »

When do credit card companies report to the credit bureaus?

While a credit card company can choose to report to the credit bureaus at any time, most credit card companies report account information every 30 days. Some companies report every 60 days.Source:C... Read More »