Credit Repair - Self Help

This will be the final part of the series on the subject of secret credit scores and in this one I will be discussing the application score.

The application score is a score that is derived from the information you provide on a credit application. It takes into account your income, how long you have been employed and other factors such as how long you have lived at your current address. Basically it is a score that utilizes all the data you provide on your credit application.

The application score is used in conjunction with other scores to determine whether or not credit will be granted, what will be the amount of credit and what interest rate.

There are a few more scores that most people don’t know about that I may bring up in later posts, but for now this will conclude the series about secret credit scores.