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SmartCredit.com Consumer Education President John Ulzheimer on why there are so many FICO scores and how consumers can maintain a good credit score.
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-- -- -- -- -- -- You might be surprised to know you've got more than just three in fact he's got 49 separate fight -- scores joining me now John Alzheimer consumer education president.
For Smart credit dot com John why so many scores.
At real -- some quick -- three credit reporting agencies five -- -- those court systems that each that's fifteen so far.
Nine of those fifteen have variations of the score which is -- a 49 comes from wow so.
With -- at the numbers are different.
While the good news is is the most -- -- and he's one of those 49 scores and so they're not gonna be comparing different numbers and making different decisions.
I'm an eighty's so it what you don't know is a consumer is which credit reporting agency are they going to use and which of those 49 ficus -- is going to be used to base their decision.
So there's that Michael -- Coronado score a bank card score which one of these -- focus on.
To get his this year is he shouldn't focus on any of them because a good credit management transcends all forty -- of those wars and if you do the right things are gonna how to kill or -- more general -- -- models is being used that's -- good news.
-- is is improving your generic -- -- them the right way to go.
-- improving -- generic -- more it's actually a very small.
