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 the highest Beacon score possible?

The highest Beacon score is 850. The Beacon score is calculated by the Equifax Credit Bureau, based on information in your credit report. This gives lenders an idea of how likely you are to repay a... Read More »
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What determines a beacon score?

A Beacon score is another name for your credit score calculated by the Equifax Credit Bureau. The credit bureau uses an algorithm to summarize your credit history into on number.FactorsYour credit ... Read More »
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