Credit Score Anthony NM

In the United States, a credit score is a number typically between 300 and 850, based on a statistical analyses of a person's credit files, to represent the creditworthiness of that person, which is the likelihood that the person will pay his or her bills.


1. Local Companies

Rental Chex of America Ltd Co
(505) 833-5503
2901 Juan Tabo Blvd NE
Albuquerque, NM
Credit Bureau of Espanola Inc
(505) 753-7231
308 Paseo De Onate
Espanola, NM
Credit America
(505) 292-4680
6719 Academy Rd NE Ste D
Albuquerque, NM
Credit Bureau of
(505) 753-6503
308 Paseo De Onate
Espanola, NM
Trans Union-New Mexico
(505) 262-1166
8100 Mountain Rd NE
Albuquerque, NM
Credit Bureau of
(505) 753-2173
308 Paseo De Onate
Espanola, NM
Taos Collection Agency
(505) 758-4214
126 Cavalry Rd
Taos, NM
Credit Bureau of Albuquerque
(505) 856-2584
6719 Academy Rd NE
Albuquerque, NM
Datafax Inc
(505) 566-1988
Farmington, NM


2. Credit Score - Overview


In the United States, a credit score is a number typically between 300 and 850, based on a statistical analyses of a person’s credit files, to represent the creditworthiness of that person, which is the likelihood that the person will pay his or her bills. A credit score is primarily based on credit report information, typically from the three major credit reporting agencies.

Lenders, such as banks and credit cards companies, use credit scores to evaluate the potential risk posed by lending money to consumers and to mitigate losses due to bad debt. Lenders use credit scores to determine who qualifies for a loan, at what interest rate, and what credit limits. The use of credit or identity scoring prior to authorizing access or granting credit is an implementation of a trusted system. While the most widely known score in the U.S. is FICO, there are many others, such as NextGen and VantageScore.


Do you have Credit Card Debt? Call 877-753-5127

3. Makeup of the Credit Score


Credit scores are designed to measure the risk of default by taking into account various factors in a person’s financial history. Although the exact formulas for calculating credit scores are closely guarded secrets, Fair Isaac has disclosed the following components and the approximate weighted contribution of each:

  • 35%, punctuality of payment in the past.
  • 30%, the amount of debt, expressed as the ratio of current revolving debt to total available revolving credit.
  • 15%, length of credit history.
  • 10%, types of credit used.
  • 10%, recent search for credit and amount of credit obtained recently.

    Fair Isaac does not use the same scorecard for everyone. The scorecards are segmented so that there are over 100 different scoring models that are applied to different individuals based on different ranges of input values. The implication of this segmentation are that while the approximate weighted contribution above may be an average across all scorecards, individuals receive different scores or weightings based on the scorecard segmentation in which they fall. Some consumers have noticed their scores decreasing by small amounts for no apparent reason.


    Do you have Credit Card Debt? Call 877-753-5127
  • 4. Range of Score


    A FICO score generally ranges from 300 to 850. It exhibits a left-skewed distribution with a US median around 725. Generally, 660 is regarded as potentially sub-prime and represents and important break point for credit worthiness. The performance of the scores is monitored and the scores are periodically aligned so that a credit grantor normally doesn’t need to be concerned about which scorecard was employed.

    Each individual has three credit scores for any given scoring model because the three credit agencies have their own, independent databases. These databases are independent of each other and may contain entirely different data. Many lenders will check an applicant’s score from each bureau and use the median score to determine the applicant’s credit worthiness.


    Do you have Credit Card Debt? Call 877-753-5127

    5. Featured National Company

    A G S Financial Inc

    (212) 246-3632
    116 W 23rd St
    New York, NY

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