"My credit score and credit history was restored as a result of your credit repair service. Thanks for you fast and professional service!"
--Susan Morgan
A credit score is a number generated by a mathematical algorithm, or in other words a formula which is based on information in credit reports and then compared to information of millions of other people. The resulting score is a very accurate prediction of how likely a person is to pay bills in relation to others.
How Credit Scores are Calculated
The Credit Bureaus use different credit-scoring methods determine people's credit-worthiness, which can result in slight or great variances between different Credit Bureaus. For instance, the FICO score is one such method. The FICO score is based on a scale, which ranges between 300 and 850. On this scale the most favorable scores are typically 720 or higher.
Unfortunately, the Credit Bureaus are very reluctant to release how they calculate credit scores (proprietary information). What is known is that the most important factor in the calculations, the inputs or the information contained within credit reports. Hence, the need to ensure the accuracy of your credit reports. If there are errors or inaccuracies in your credit report the best way to quickly fix them is engage a credit repair service.