Credit Scores

We gather credit profile data from all 3 major bureaus to show you the facts.

Not all credit scores are the same.

Did you know all three of your credit scores can be different? Also, did you know not all lenders and financial institutions use the same credit rating score to determine your rate and/or eligibility for a loan? We break down each one of your three credit scores from Experian, Equifax, and TransUnion so you see why your scores are the number they are.

Here are the 5 factors that affect your credit score:

• Payment history
• Credit utilization
• Credit history length
• Amount of debt
• New credit

All these factors play into how your credit scores are determined, but not all are equally weighted.

Let us inform you of any changes in your credit profiles.

Daily Credit Report Monitoring

With credit score ratings and credit reports constantly being updated with new information, we make credit score reporting easy so that you always stay informed. With ScCrsh.com’s daily credit reporting service, we notify you of any updates or possible suspicious activity we may detect. Up-to-date notifications help you manage your profiles to reduce any errors, fraud, or even late payments that may harm your credit scores. Simply log into your account to view notifications at any time.

Some possible alerts may be for:

• Bankruptcy fraud
• New accounts
• Past-Due Payments
• Credit score fluctuations
• Name and address change
• Potential fraud detection
• Credit card delinquency
• New credit inquiries

What is a credit score?

Credit scores are three-digit ratings given to individuals that indicate how timely you pay your bills or repay the loans you acquired from a bank or a financial institution. Each of the three credit bureaus calculate their own credit score based on your credit behaviors.

What factors affect your credit score?

While many credit agencies use different scoring models to determine your credit, the most common factors involve:

• Your payment history – whether you paid your bills on time or not, current debts, and your credit history length and track record.
• Credit utilization ratio – how much you are using of your available credit and non-cash funds.
• Credit mix – it involves the types of credit you have; for example: car loan, mortgage, credit cards, etc.
• New credit – this takes into consideration how many new or old accounts you have when applying for new credits, the credit age, credit limits, etc.

How can I monitor my credit score?

You can monitor your credit score yourself by keeping an eye on your credit card and bank statements to look for transactions that might seem out of the ordinary. It is recommended to check your copy of your credit report yourself to spot any possible inaccuracies.

Or, if you’d like to feel secure 24/7, leave the credit score monitoring to ScCrsh.com. When you sign up with ScCrsh.com, you can rest assured if we detect changes in your credit profile we will notify you.

What are credit bureaus?

A credit bureau is an agency that collects data from several different credit sources on a person’s credit behavior.The top three credit bureaus are Experian, Equifax, and TransUnion, and each one may have a different credit score rating prepared based on their scoring model.