ANSWERS: 1
  • Whenever you apply for a credit card, loan, or even for a job, credit checks are performed. These credit checks allow businesses to see your history of transactions and help determine whether you are financially trustworthy. Most often, the FICO score is the one that is looked at. There are three major credit reporting companies that provide FICO scores, Equifax, TransUnion, and Experian. Businesses use the average of all three companies in most cases.

    Source:

    My FICO.com: About credit scores

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