Question

 What beacon score do you need to buy a house?

Answer A Beacon score is your credit score calculated by the Experian Credit Bureau. According to Bankrate.com, a score of 500 to 520 is the minimum needed to be approved for a mortgage.Source:Investopedi... Read More »
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Top Q&A For: What beacon score do you need to buy a house

What is the difference between a Beacon score and a FICO score?

The Beacon score was the name for a credit score calculated by the Experian credit bureau. The Beacon score used an older scoring algorithm developed by the Fair Isaac Corporation. It has since bee... Read More »
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What is a Beacon score?

A Beacon score is a type of credit score issued by the Equifax Credit Bureau and used to measure the likelihood a borrower will repay a loan. Lenders use a Beacon score to set the interest rate fo... Read More »
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What is a good beacon score?

A beacon score is also known as the Fair Isaacs computation (FICO). This score ranges between 300 and 850, and the higher the score, the better. In recent years, a score of 650 is fair; however, le... Read More »
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What is an enhanced Beacon score?

A Beacon score is a number generated by the Equifax credit bureau to rate a creditor's credit worthiness. The enhanced Beacon score is one version of the Beacon program by Equifax. Under the enhan... Read More »
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